Companies reinvesting money saved from tax cuts -

rambot · Jan 13, 2018

Economist after economist lambasted this plan. I'd thought even the CBO wasn't impressed with it either.

Does else anyone get suspicious of companies that do stuff like this?

Vylo · Jan 13, 2018

hislegacy said:
Even people in Mew Jersey are making more because of the Presidents tax cut

The new tax reform law is giving some benefits to New Jerseyans. The Flemington Car and Truck Country Family of Brands, a new and used car dealership in Flemington, is awarding each of its full-time employees a $500 bonus because of the recently passed federal Tax Cuts and Jobs Act.

Now if they could only sell cars for a decent price.

I've actually gone there to buy a car. Ended up getting a better deal in Vermont.

Vylo · Jan 13, 2018

rambot said:
Economist after economist lambasted this plan. I'd thought even the CBO wasn't impressed with it either.

Does else anyone get suspicious of companies that do stuff like this?

You mean like when they then turn around and fire thousands of people, and change their schedules to cut their pay, like walmart just did? Yeah, I do.

rambot · Jan 13, 2018

hislegacy said:
Even people in Mew Jersey are making more because of the Presidents tax cut

The new tax reform law is giving some benefits to New Jerseyans. The Flemington Car and Truck Country Family of Brands, a new and used car dealership in Flemington, is awarding each of its full-time employees a $500 bonus because of the recently passed federal Tax Cuts and Jobs Act.

They aren't "making more". They got a "gift".

I would LOVE to hear about companies offerring GOOD health insurance coverage; maybe a more comprehensive benefits package; meaningful wage increases.

But even if I do here that, it doesn't make me trust them more.

hislegacy · Jan 13, 2018

If you open a check and there is more money than you normally get.

You are making more.

I’m sure those middle class employees view it differently that you.

hislegacy · Jan 13, 2018

Aflac Incorporated Responds to Tax Reform with Plan for Additional Investments in the U.S. of $250 million Targeting Workforce, Strategic Allocations for Business Growth, and Renewed and Strengthened Commitment to Childhood Cancer
COLUMBUS,Ga.,Dec. 28,2017—Aflac Incorporated (NYSE:AFL), the leading provider of voluntary insurance sales at the worksite in the U.S. today announced that, as a result of the recent tax reforms enacted by Congress and signed into law by the president, it intends to invest in several key areas that will provide long-term benefits for employees in the form of helping them plan for healthy retirements, enable strategic investments aimed at growing the overall business and strengthen the company’s 22-year commitment to supporting childhood cancer initiatives.

There ya go! 250,000,000 invested for employee benefits.

Vylo · Jan 13, 2018

hislegacy said:
If you open a check and there is more money than you normally get.

You are making more.

I’m sure those middle class employees view it differently that you.

Not if you then have to spend more money on a service that was being provided, or you get taxed from a different end.

hislegacy · Jan 13, 2018

Vylo said:
Not if you then have to spend more money on a service that was being provided, or you get taxed from a different end.

If you are correct, the Republicans will lose seats by the masses and this will be a single term presidency.

However, if you are incorrect four more years is pretty much a given

hislegacy · Jan 13, 2018

Good news for the brewers

Many businesses got a big Christmas present this year when Congress passed a tax bill. But the gift was particularly generous for one industry: Alcohol.

Under a provision that originally slipped into the Senate version of the bill, beer, spirits and wine producers will get a two-year reduction in federal excise taxes worth $4.2 billion.

Small brewers will see their tax rate cut in half, from $7 to $3.50 per barrel for the first 60,000 barrels. Tax rates for liquor plunge even more, from $13.50 to $2.70 per gallon for the first 100,000 gallons produced or imported.

cow451 · Jan 13, 2018

hislegacy said:
Can you find one positive thing to say about a couple million people being able to make more money? Is there any upside at all?

If we stop talking about policy, yes it’s nice that there’s a short term benefit for them. Now can you say something negative about the same companies cutting their workforce by closing stores?

rambot · Jan 13, 2018

hislegacy said:
If you open a check and there is more money than you normally get.

You are making more.
.

Wrong verb tense in that sentence.

jayem · Jan 14, 2018

cow451 said:
If we stop talking about policy, yes it’s nice that there’s a short term benefit for them. Now can you say something negative about the same companies cutting their workforce by closing stores?

Don't you know, you can't say anything negative about businesses simply following their scripture: The Company giveth, and the Company taketh away. :amen:

hislegacy · Jan 14, 2018

rambot said:
Wrong verb tense in that sentence.

LOL

That’s it?! That is the best defense for your position?

How does one grasp a straw that small?

hislegacy · Jan 14, 2018

cow451 said:
If we stop talking about policy, yes it’s nice that there’s a short term benefit for them. Now can you say something negative about the same companies cutting their workforce by closing stores?

The topic of the thread is the effect of our Presidents tax cuts on businesses.

I’d be happy to comment on another topic if you’d like to open a thread.

rambot · Jan 14, 2018

hislegacy said:
LOL

That’s it?! That is the best defense for your position?

How does one grasp a straw that small?

its an important distinction but most trump supporters have already demonstrated weak receptive language skills. So i dont expect it words to be important.

cow451 · Jan 14, 2018

jayem said:
Don't you know, you can't say anything negative about businesses simply following their scripture: The Company giveth, and the Company taketh away.

“.....I owe my soul to the company store.”
——- Sixteen Tons
by Merle Travis

cow451 · Jan 14, 2018

hislegacy said:
The topic of the thread is the effect of our Presidents tax cuts on businesses.

I’d be happy to comment on another topic if you’d like to open a thread.

I keep talking about the economic policy behind the tax cuts and you don’t. Report me if you think I’m derailing.

hislegacy · Jan 14, 2018

EMKAY, Inc. has announced that all full-time employees will receive a $1,000 bonus in response to the tax reform that was just signed by President Trump. EMKAY, a privately-owned fleet management company, wasted no time in taking action to pass the benefits of this reform on to their team.

hislegacy · Jan 17, 2018

Fiat Chrysler to invest more than $1 billion in Michigan plant and give $2,000 bonuses in response to tax reform

Fiat Chrysler. $2,000 and a 1 billion dollar investment. Citing tax reforms.

hislegacy · Jan 17, 2018

Apple, which has come under major criticism for building much of its popular products in China, announced a sweeping set of moves partially tied to the recent tax bill, including paying $38 billion in taxes from profits made overseas and opening another corporate campus.

And 20,000 new jobs in the US

Companies reinvesting money saved from tax cuts -

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