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Wednesday, January 17, 2018

Trump-O-Nomics... aka crumbs





Video 390


A Partial list of companies paying "crumbs" since President Trump signed the tax reform bill into law on Dec. 22:




Company 



Bonus 

No. of employees getting bonus 



AT&T 


$1,000 


200,000 



Alaska Airlines 


$1,000 


19,000 



American Airlines 


$1,000 


130,000 



Bank of America 


$1,000 


145,000 



BB&T 


$1,200 


27,000 



Comcast 


$1,000 


100,000 



Fifth Third Bank 


$1,000 


13,500 



JetBlue 


$1,000 


21,000 



Nationwide 


$1,000 


29,000 



PNC Financial 


$1,000 


47,500 



Sinclair Broadcast 


$1,000 


9,000 



Southwest Airlines 


$1,000 


55,000 



Travelers 


$1,000 


14,000 



U.S. Bancorp 


$1,000 


60,000 



Walmart 


up to $1,000 


1.2 million





NOTES BB&T also raised minimum hourly pay rate from $12 to $15, effective Jan. 1, 2018; Fifth Third Bank also boosted minimum wage to $15 per hour for all employees; PNC Financial also will raise minimum pay rate to $15 an hour by the end of 2018.





Then there's this:



Apple Is Paying $38 Billion to Bring Cash Back to the U.S. Because of the Tax Overhaul













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