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re: Bank of America to give $1000 bonuses to most of its employees
Posted on 12/22/17 at 11:33 am to 4cubbies
Posted on 12/22/17 at 11:33 am to 4cubbies
quote:
I bet the CEO of Bank of America is and this thread is about Bank of America
Very good, now remember your blanket statement about all corporations.
1
Posted on 12/22/17 at 11:34 am to LSURussian
true. Posted on 12/22/17 at 11:35 am to 4cubbies
quote:
4cubbies
This post was edited on 12/22/17 at 11:36 am
Posted on 12/22/17 at 11:39 am to 4cubbies
quote:
It's not worth my time to dignify your posts with responses.
I know, right?
Posted on 12/22/17 at 11:40 am to Aristo
quote:
Very good, now remember your blanket statement about all corporations.
That corporations aren't individuals?
I apologize, I went back through the thread but I must have missed the blanket statement I made about corporations.
Posted on 12/22/17 at 11:42 am to 4cubbies
This tax reform bill favors corporations.
Posted on 12/22/17 at 11:44 am to 4cubbies
quote:
You're right. I'm sure the employees, shareholders and executives are evenly splitting the bonuses. How naive of me to assume the executives would be getting millions.
ATT announced its giving each of its 200k employees the same $1000 bonus in response to the tax bill. Comcast is giving $1000 bonuses to "frontline and non executive employees" so yes. You are still wrong.
Posted on 12/22/17 at 11:44 am to Aristo
And you're arguing that it doesn't?
Posted on 12/22/17 at 11:44 am to 4cubbies
Since you seemed to have missed my two previous posts...
quote:
How? Details please. And if your only response is "lowering the corporate tax rate", don't bother. Because you don't have an answer.
This post was edited on 12/22/17 at 11:45 am
Posted on 12/22/17 at 11:46 am to 4cubbies
quote:
When banks gave bonuses after the bail out, people were pissed. But this other form of corporate welfare is celebrated. Lots if cognitive dissonance up in here.
You are one dumb mother fricker. I hope you don't operate heavy machinery.
Posted on 12/22/17 at 11:49 am to 4cubbies
quote:
And you're arguing that it doesn't?
I'm just informing you not all corporations are evil millionaire CEOs, so what if the companies get to keep more of THEIR money.
Posted on 12/22/17 at 11:49 am to GooseSix
quote:
You are one dumb mother fricker. I hope you don't operate heavy machinery.
excellent point. Posted on 12/22/17 at 11:51 am to Aristo
quote:
I'm just informing you not all corporations are evil millionaire CEOs,
Oh, well I already knew that.
I didn't mean to imply that every single corporation is a multimillion dollar venture. Any business could be a corporation. I do believe Bank of America is a million or billion dollar corporation, though.
Posted on 12/22/17 at 11:52 am to 4cubbies
quote:Corporations are owned by people whether the ownership is direct by individuals holding shares of stock in corporations or indirectly by shares being owned by retirement plans such as in mutual funds, pensions, 401(k) or 403(b) plans (which are retirement plans exclusively for public educational organizations employees).
And you're arguing that it doesn't?
In the case of this thread's topic, individuals who are employees of a corporation are receiving a direct benefit of the tax cut in the form of pay bonuses.
So, if corporate taxes are reduced, individuals receive a benefit from the reduction.
After all, corporations are not the buildings they occupy nor are they only the executives of a company. Ultimately, they are people like you and me.
Posted on 12/22/17 at 11:53 am to 4cubbies
quote:
I didn't mean to imply that every single corporation is a multimillion dollar venture. Any business could be a corporation. I do believe Bank of America is a million or billion dollar corporation, though.
They could be worth trillions. Why do you have a problem with a company keeping their money?
Posted on 12/22/17 at 11:55 am to LSURussian
quote:
So, if corporate taxes are reduced, individuals receive a benefit from the reduction.
This is not gospel. Individuals may or may not see a benefit from corporate tax cuts.
Posted on 12/22/17 at 11:56 am to 4cubbies
quote:Those bonuses didn't go to tellers, clerks, or low level managers. They went to a select few upper level executives contracted to receive them.
When banks gave bonuses after the bail out, people were pissed.
quote:Presumably you'd not hold to that statement now?
Lots if cognitive dissonance up in here.
Posted on 12/22/17 at 11:59 am to Aristo
quote:
They could be worth trillions. Why do you have a problem with a company keeping their money?
Why do you think this?
Because I'd rather individuals get bigger tax cuts than corporations? I guess I should ask you why you think individuals don't deserve to keep their money? We can both play this ridiculous game.
Posted on 12/22/17 at 12:00 pm to 4cubbies
quote:
This is not gospel. Individuals may or may not see a benefit from corporate tax cuts.
When corporate taxes are lower, where do you think the extra money goes?
Posted on 12/22/17 at 12:00 pm to 4cubbies
quote:
When banks gave bonuses after the bail out, people were pissed. But this other form of corporate welfare is celebrated. Lots if cognitive dissonance up in here.
The Absolute State of College Education
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