Nancy Pelosi called it the “worst bill in the history of Congress” She said the bill will hurt little children like Tiny Tim.
Chuck Schumer was so pissed off that Republicans wouldn’t stop talking and listen to him insult them about it. He also suggested people will die as a result of its passage. Do they really believe that? No. Then what is the real fright?
Well, the tax reform bill passed and if this is any indication, it will be interesting.
AT&T announced that because of tax reform they will be giving a $1,000 bonus to 200,000 employees. And that’s not all.
AT&T was quick to respond to news of U.S. tax reform, announcing it would give some employees bonuses once the law is official.
The telecom giant said in a press release on Wednesday that it would give more than 200,000 U.S. union members a special bonus of $1,000. The company also increased its capital expenditures budget by $1 billion in the U.S.
“Congress, working closely with the President, took a monumental step to bring taxes paid by U.S. businesses in line with the rest of the industrialized world,” CEO Randall Stephenson said in a statement. “This tax reform will drive economic growth and create good-paying jobs. In fact, we will increase our U.S. investment and pay a special bonus to our U.S. employees.”
AT&T had previously said it would invest $1 billion in the U.S. if “competitive” tax reform legislation was passed, and has said that tax reform framework could increase demand for AT&T’s services. The new tax laws are expected to drop the corporate tax rate to 21 percent from the current 35 percent and includes other measures that Republicans say will spur businesses to invest domestically.
And Boeing jumped in with an announcement:
#Boeing announces $300M employee-related and charitable investment as a result of #TaxReform legislation to support our heroes, our homes and our future. pic.twitter.com/ZNawbAW7AY
— The Boeing Company (@Boeing) December 20, 2017
Shockingly, John King of CNN said this
CNN’s John King said on Wednesday that the Republican tax reform plan will give working families “damn good money.”
King was watching the House of Representatives on Wednesday vote on the passage of the tax reform legislation.
“Not one Democrat has voted for a bill that cuts taxes by $1.5 trillion,” King said.
“If you’re a working-class family, a lot of people say ‘oh it’s only $200, oh it’s only $300, if you’re a working-class family living paycheck to paycheck, $200, $300 is damn good money and you are grateful for it,” King said.
The truth is, this is what democrats were most fearful of- the nightmare scenario- the country being successful because of Donald Trump.
Oh yeah, did I mention that the economy is booming?
UPDATE
Wells Fargo joins the party
DrJohn has been a health care professional for more than 30 years. In addition to clinical practice he has done extensive research and has published widely with over 70 original articles and abstracts in the peer-reviewed literature. DrJohn is well known in his field and has lectured on every continent except for Antarctica. He has been married to the same wonderful lady for over 30 years and has three kids- two sons, both of whom are attorneys and one daughter on her way into the field of education.
DrJohn was brought up with the concept that one can do well if one is prepared to work hard but nothing in life is guaranteed.
Except for liberals being foolish.