Armageddon! Verizon Employees Getting Bonuses Because of Trump Tax Cut

[Weatherman2020]

Verizon says employees, other than top management, will receive 50 shares of restricted stock, the price of which will be set on February 1.

About 155,000 employees will be affected, Verizon CEO Lowell McAdam told CNBC’s “Fast Money: Halftime Report” on Tuesday.

The award could total over $400 million, based on Verizon’s current share price. Shares traded around $53 a share on Tuesday, down from a fresh 52-week intraday high of $54.60 after quarterly earnings were released.

The announcement comes after Verizon hinted in its morning earnings report that “employees will further share in the company’s success” around tax reform. Verizon expects savings from tax reform will add $3.5 billion to $4 billion to its operating cash flow this year, boosting earnings by 55 to 65 cents a share for the full year.

Keep reading…

 

[JimBowie1958]

 

[jon_berzerk]

--LOL

lib icon "starbucks" has even jumped on the Trump Tax plan to reward its employees

--LOL

now that is a big kick in the nads to the leftists

--LOL

well what nads they have left anyhow

--LOL

 

[MindWars]

Verizon says employees, other than top management, will receive 50 shares of restricted stock, the price of which will be set on February 1.

About 155,000 employees will be affected, Verizon CEO Lowell McAdam told CNBC’s “Fast Money: Halftime Report” on Tuesday.

The award could total over $400 million, based on Verizon’s current share price. Shares traded around $53 a share on Tuesday, down from a fresh 52-week intraday high of $54.60 after quarterly earnings were released.

The announcement comes after Verizon hinted in its morning earnings report that “employees will further share in the company’s success” around tax reform. Verizon expects savings from tax reform will add $3.5 billion to $4 billion to its operating cash flow this year, boosting earnings by 55 to 65 cents a share for the full year.

Keep reading…

Oh imagine that ,The Trump haters aren't going to turn that down now are they. Maybe since some of the workers surely hate Trump they shouldn't take that bonus bahahah.

 

[jon_berzerk]

Verizon says employees, other than top management, will receive 50 shares of restricted stock, the price of which will be set on February 1.

About 155,000 employees will be affected, Verizon CEO Lowell McAdam told CNBC’s “Fast Money: Halftime Report” on Tuesday.

The award could total over $400 million, based on Verizon’s current share price. Shares traded around $53 a share on Tuesday, down from a fresh 52-week intraday high of $54.60 after quarterly earnings were released.

The announcement comes after Verizon hinted in its morning earnings report that “employees will further share in the company’s success” around tax reform. Verizon expects savings from tax reform will add $3.5 billion to $4 billion to its operating cash flow this year, boosting earnings by 55 to 65 cents a share for the full year.

Keep reading…

Oh imagine that ,The Trump haters aren't going to turn that down now are they. Maybe since some of the workers surely hate Trump they shouldn't take that bonus bahahah.

exactly they should turn theirs over for voluntary taxing

what is stopping them

--LOL

 

[JimBowie1958]

exactly they should turn theirs over for voluntary taxing

what is stopping them

--LOL

Governor Moonbeam will take care of that little tax break thingy, dont worry

 

[MindWars]

exactly they should turn theirs over for voluntary taxing

what is stopping them

--LOL

Governor Moonbeam will take care of that little tax break thingy, dont worry

Well hell he's giving some famlies 500.00 a month. They are trying this a trial basis . Remember some moron wanted to start giving all Americans a month income everyone gets the same amount Where do these idiots think this money will come from. Oh wait they don't think that's why they're like ANTIFA's.

 

[WEATHER53]

Stop it stop it
The benefits are waaaaayyycist

 

[Weatherman2020]

View attachment 173320

Unemployment went up Sept because of the hurricanes and they said Trump had destroyed the economy. Of course the next month jobs were plentiful and once again it was an Obama economy.

 

[EvilCat Breath]

Democrats will be along to tell those workers how bad this is. In 10 to 20 years they will be sorry.