- Sep 19, 2011
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Like Amazon? Yeah, and they offset that by gutting other benefits they had for their employees. Point being, none of it trickled down.Maybe. Maybe she bought a bunch of stocks. Who knows.Like the rest, she certainly didn’t send it trickling downHouse Minority Leader Nancy Pelosi said Monday in a statement.
“Republicans passed a tax scam for the rich that is adding $2 trillion to the deficit in order to give massive tax breaks to Big Pharma, big banks, big corporations shipping jobs overseas and the wealthiest 1 percent.”
Federal budget deficit clocks in at $779B for 2018, largest since 2012
Ms. Pelosi KNOWs exactly what a joke her comment is because Ms. Pelosi as one one the 1%ers..
But for net worth, the 1 percent threshold for net worth in the Fed data was nearly $8.4 million
https://economix.blogs.nytimes.com/2012/.../measuring-the-top-1-by-wealth-not-income..
The first female Speaker of the U.S. House of Representatives, Nancy Pelosi has a net worth of $120 million. Pelosi's drastic growth, from an initial $21.7 million in 2009, is attributed to stock gains and smart investments
Nancy Pelosi Net Worth | TheRichest
So we know that Ms. Pelosi KNOWS what is done with the "massive tax cuts to the wealthiest 1 percent"!
But do the rest of us that aren't in that 1% category REALLY comprehend what happens to that $2 trillion?
Well for one I can absolutely guarantee that for almost ALL those entities Pelosi listed NONE will do this:
A) Bury in the back yard or B) hide under the mattress!
So what do these entities do with the tax break?
Since most activities like building a plant, hiring people just contrary to a large group of people ignorant of these
actions now I'm going to shout:
TAKES TIME. THESE ACTIVITIES DON'T HAPPEN OVERNIGHT!
Yes the utilization of the tax breaks take time to be utilized.
But in the meantime... AGAIN... I ask with these companies doing buyback of stock, paying dividends, ALL actions that favor those people like Pelosi... WHAT do those people like Pelosi do with this largesse?
AGAIN do they A) Bury in the back yard or B) hide under the mattress?
Or do they buy more yachts, bigger homes, buy more planes, buy more clothes... again what
do they do with this excess filthy ugh...profits???
Hmmm Maybe some of you have an answer as I'm sure Ms. Pelosi knows what SHE's doing
with her share of the filthy profits!
National debt jumps $1.2 trillion in fiscal year 2018
So you think she A) Bury in the back yard or B) hide under the mattress? Is that what she did?
Real Wage Growth Is Actually Falling
And more power to her!! But what happens to that tax refund that she gets that she hypocritically called "wealthy people tax cuts"... !
Point is the money is put back into circulation! Goods are purchased. Stocks bought. Yachts built. Planes purchased! All good for the economy.
Did YOU note in the chart I submitted 16 companies used their tax money to raise employees minimum wage over $15/hour?
Really? Prove it!
I don't understand people like you! You make these wild ass generalization thinking people believe you!
What a dummy!
Amazon made a big splash this week with its $15 an hour minimum wage announcement,
but lost in the fine print: Existing warehouse workers will no longer receive stock in the company or collect bonuses.
The online giant says next month it will end bonuses, which paid workers extra based on their attendance and warehouse productivity, as it boosts its minimum wage.
Amazon will also phase out its restricted stock unit program, which gave shares to workers if they stayed with Amazon for a certain amount of years. Amazon says it will replace it with a program next year that will allow workers to buy stock, but didn't provide details.
Amazon cutting bonuses and stock benefits as it raises minimum wage to $15
SO f...king what?? If you don't like working for Amazon at the $15.00 hour rate QUIT!!
OK so I proved YOUR point easily! But now you make it as people of your ILK do sound like it famous words from people like you "HAPPENS ALL THE TIME"!!!
Dummies like you really are pathetic pawns of people like Pelosi! She's enjoying the tax cuts while decrying them and making you sound like an idiot!