Greedy Capitalist Pigs Celebrate Massive Tax Break … by Giving Employees More Money
21 December, 2017, 00:42 | Author: Samuel Sharp
U.S. President Donald Trump speaks during a rally at the St. Charles Convention Center on November 29, 2017 in St. Charles, Missouri.
FOX Business breaks down how employees at some major companies are benefitting from the corporate world's good fortune.
The company also announced that it will invest more than $1 billion into the US economy once the bill, the major first tax reform legislation since the Reagan era, becomes law.
AT&T announced Wednesday that it will give $1,000 special bonuses to more than 200,000 "union-represented, non-management and front-line managers" and invest an additional $1 billion in the US, citing the House and Senate passage of the sweeping Republican tax reform bill as its reason for doing so.
In his statement, AT&T chief executive Randall Stephenson called the new tax plan a "monumental step".
Boeing, however, said on Wednesday it will use some of its tax savings on employees.
Wells Fargo and Fifth Third Bancorp announced plans on Wednesday to raise their minimum wage to $15 per hour. The idea that the new tax cuts will necessarily pay for themselves by generating federal revenue growth is dubious; the idea that the AT&T bonuses might pay for themselves by smoothing the way for merger approval isn't. The company says tax reform was directly responsible for the initiatives. "Carmichael said the tax cut allowed the Bank the opportunity to reevaluate its compensation structure and share some of those benefits with its talented and dedicated workforce". Some $100 million of that total will be committed to boosting small businesses, while $75 million will support neighborhood revitalization efforts.
Municipal Employees Retirement System of MI lifted its stake in Delta Air Lines by 32.9% in the second quarter. (NYSE: DAL ). Livingston Grp Asset Mngmt (Operating As Southport Management) stated it has 47,159 shares. (NYSE: DAL ) or 114,573 shares.
Former tennis star, Anna Kournikova , and her Spanish superstar singer partner Enrique Iglesias have delivered a set of twins . Congrats! But also, who knew? However, the couple did take to social media recently while they were in Miami.
One firefighter lost his life, succumbing to smoke inhalation and burns last Thursday near the town of Fillmore in Ventura County. Peterson said they don't want to put people back onto roads and into homes and then have the fire head toward those communities.
The Senate later confirmed Gorsuch on a vote of 54 to 45. "My young little girls were cheering the TV!" he included. The White House denied that Trump ever seriously considered withdrawing the Gorsuch appointment.
The property set aside for the new hockey arena borders on the Cross Island Parkway adjacent to the racetrack's grandstand. Discussions for development of Belmont Park began 12 years ago, but initially did not include a sports arena.
In the Miami area, gas fell 2.3 cents in the past week and is averaging $2.46 a gallon, according to industry group GasBuddy.com. The cost of gas has now declined for five straight weeks, AAA said, as refineries are producing more than drivers are buying.
The interview is part of the prince's guest editorship for the prestigious morning current affairs show. Michelle and I are delighted to congratulate Prince Harry and Meghan Markle on their engagement.
Janney Limited Liability Company holds 0.05% of its portfolio in The Charles Schwab Corporation (NYSE:SCHW) for 22,891 shares. The total amount of shares outstanding is 1.31 billion, giving the company a market capitalization of about 67.83 billion.
Lewis, 59, coached the Cincinnati Bengals for 15 seasons and is the winningest coach in the franchise's history. Vikings: Rudolph (ankle) played TE despite being originally listed on Friday as doubtful to play.
Addressing media persons here, Law Minister Ravi Shankar Prasad said, the bill is created to provide a shield for Muslim women. The bill, introduced after Supreme Court's order, would only be applicable to instant triple talaq or "talaq-e-biddat".
'Islamic State' claims deadly Pakistan church bombing
All casualties were shifted to a hospital where sources initially said they received four dead bodies and around 20 injured. The attack on the Methodist church was the first time ISIS claimed responsibility for a church assault in Pakistan. .
Carrie Fisher's dog loved Star Wars: The Last Jedi
There is no doubt The Last Jedi carefully balanced its lead characters to give them all their own time to shine. To start with, it's no spoiler to say that Carrie Fisher is pretty bloomin' awesome in The Last Jedi .
Watch Launch of SpaceX Dragon Capsule Live On Sunday
This was the thirteenth of up to 20 missions to the International Space Station that SpaceX is contracted to fly for NASA . SpaceX director Jessica Jensen says both the rocket and space craft are "flight proven", but the launch pad is brand new.