5th 3rd Bancorp announces a bonus of $1,000 for 14000 employees after passage of tax cuts!

[basquebromance]

BOOM!! BOOM! Look at that. When you let companies keep more of their own money, they reinvest into their employees. Every Democrat economic talking point has been crushed in the last three hours. Every. Single. One.

Fifth Third Bancorp unveils bonuses, minimum wage hike after tax bill passage

 

[Moonglow]

They's gonna be a blizzard of coke...

 

[Siete]

The Joint Committee on Taxation, the official congressional scorekeeper, estimates every income group would receive an average tax cut next year. But the JCT also found taxes would go up for lower incomes over time, in part because fewer eligible taxpayers would choose to receive health care subsidies through the ACA. By 2027, every income group making less than $75,000 would see a net tax increase.

 

[AntonToo]

Damn that is like $14 million out of many billions this Bancorp tax-cut will cost us in national debt!

They make around 8 billion net income - which means this tax-cut will reduce their taxes by something like 1 billion a year.


We could have given EVERY AMERICAN ADULT - $15000 straight up, for 1.7 Trillion this tax-cut costs in revenues.

 

[Norman]

The Joint Committee on Taxation, the official congressional scorekeeper, estimates every income group would receive an average tax cut next year. But the JCT also found taxes would go up for lower incomes over time, in part because fewer eligible taxpayers would choose to receive health care subsidies through the ACA. By 2027, every income group making less than $75,000 would see a net tax increase.

Yes, the taxes are going to go up on the poor.

Because they are going to become stinking rich with Trump's aid.

 

[basquebromance]

JUST IN: Wells Fargo hikes its hourly pay rate to $15 & will aim for $400M in philanthropic donations next year due to the newly-passed GOP tax bill.

CNBC on Twitter

 

[bendog]

They's gonna be a blizzard of coke...

We're all gonna get laid! And free booze. Charge it to the kids.

 

[AntonToo]

JUST IN: Wells Fargo hikes its hourly pay rate to $15 & will aim for $400M in philanthropic donations next year due to the newly-passed GOP tax bill.

CNBC on Twitter

This just in - that is still a small fraction of the give-way financed by American national debt that they just got.

Wells Fargo made 35 billion net income - so this bill effectively lowers their tax bill by 3 billion ANNUALLY from national debt into Wells Fargo after tax profits.

 

[basquebromance]

CNN's John King: GOP Tax Bill Puts Some 'Damn Good Money' In The Hands Of Working Families

 

[Siete]

Damn that is like $14 million out of many billions this Bancorp tax-cut will cost us in national debt!

They make around 8 billion net income - which means this tax-cut will reduce their taxes by something like 2-3 billion a year.

yup ....... a tax cut numbs what little brain RW's had to start with down to feeling absolutely nothing inducing a slobber fest.

 

[Wyatt earp]

The Joint Committee on Taxation, the official congressional scorekeeper, estimates every income group would receive an average tax cut next year. But the JCT also found taxes would go up for lower incomes over time, in part because fewer eligible taxpayers would choose to receive health care subsidies through the ACA. By 2027, every income group making less than $75,000 would see a net tax increase.

Once again again no it wont in 2027...

 

[ABikerSailor]

Well, the tax cuts haven't been signed into law yet, although it's gonna happen, and all these companies are SAYING what they plan to do.

A lot of other companies have said they are going to use it to boost their stock prices.

I'm going to wait and see if this actually happens.

 

[Spare_change]

Well, the tax cuts haven't been signed into law yet, although it's gonna happen, and all these companies are SAYING what they plan to do.

A lot of other companies have said they are going to use it to boost their stock prices.

I'm going to wait and see if this actually happens.

Careful .... you're starting to look ignorant around the edges.

 

[Pop23]

JUST IN: Wells Fargo hikes its hourly pay rate to $15 & will aim for $400M in philanthropic donations next year due to the newly-passed GOP tax bill.

CNBC on Twitter

This just in - that is still a small fraction of the give-way financed by American national debt that they just got.

Wells Fargo made 35 billion net income - so this bill effectively lowers their tax bill by 3 billion ANNUALLY from national debt into Wells Fargo after tax profits.

This is just day one

Bill not even signed yet.

Damn this is going great

I’m so happy for those employees.

 

[EverCurious]

~Sang~

And let it flow, let it flow, let it flow
Everything's gonna work out right you know

 

[BluesLegend]

JUST IN: Wells Fargo hikes its hourly pay rate to $15 & will aim for $400M in philanthropic donations next year due to the newly-passed GOP tax bill.

CNBC on Twitter

Democrats will hate that, oh wait

 

[tycho1572]

I’m looking forward to watching the left spin a positive into a negative as the benefits of this tax cut/reform unfold. lol

 

[basquebromance]

"JUST IN: Comcast to give $1,000 bonuses to more than 100K "eligible frontline and non-executive employees" & invest $50 billion over the next five years in infrastructure "based on the passage of tax reform""

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