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Message

re: Bank of America to give $1000 bonuses to most of its employees

Posted on 12/22/17 at 12:28 pm to
Posted by GoCrazyAuburn
Member since Feb 2010
41135 posts
Posted on 12/22/17 at 12:28 pm to
quote:

ATT spent 16 million in campaign contributions. I'm supposed to kiss their asses over 200k?





Want to try again?
This post was edited on 12/22/17 at 12:29 pm
Posted by LSURussian
Member since Feb 2005
134945 posts
Posted on 12/22/17 at 12:29 pm to
quote:

Can you specify who doesn't receive a benefit from corporate tax cuts except for maybe a professional homeless person on the street or a welfare queen who lives off the taxpayer?



I guess I'd have to know the bonus schedule of every corporation to answer that.
No, you don't. If that is the depth of your logic, any rational discussion on this topic is lost on you.

quote:

Off the top of my head, I don't remember reading that Walmart employees have benefited.
Wal-Mart employees enjoy having a stock purchase option as part of their employee benefits. If they purchase WMT stock via their "Associates Stock Purchase Plan" the company matches their money fifteen cents on the dollar up to the first $1,800 of stock purchases per year. That's a guaranteed immediate 15% return on their money.

LINK

Every now and then there's an article that makes the news where a long-term store clerk at Wal-Mart leaves the company a millionaire because she took advantage of their stock purchase plan.

So, yes, Wal-Mart employees do benefit from their company's reduction in taxes.
Posted by Centinel
Idaho
Member since Sep 2016
46210 posts
Posted on 12/22/17 at 12:29 pm to
quote:

ATT spent 16 million in campaign contributions. I'm supposed to kiss their asses over 200k?




I'll add math to my list.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 12/22/17 at 12:29 pm to
quote:

Do most individuals own corporations?




quote:

Most Americans are corporations? That's news to me.




I don't even.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
139071 posts
Posted on 12/22/17 at 12:30 pm to
quote:

ATT spent 16 million in campaign contributions. I'm supposed to kiss their asses over 200k?
Even doing the calculations with new math and numbersticks that's $200,000,000.00, not 200k.
Posted by 4cubbies
Member since Sep 2008
61469 posts
Posted on 12/22/17 at 12:30 pm to
quote:

But she's in academia so not surprising. No real world experience.



I learn something new about myself here every day
Posted by bmy
Nashville
Member since Oct 2007
48203 posts
Posted on 12/22/17 at 12:30 pm to
quote:


Based on the tax cut, AT&T is distributing $1000.00 bonus checks to 200,000 workers.



Except for the 700 employees they just laid off
Posted by Holden Caulfield
Hanging with J.D.
Member since May 2008
8308 posts
Posted on 12/22/17 at 12:30 pm to
quote:

I'm supposed to kiss their asses over 200k?

You're not good at math are you?

1000 x 200,000 = 200,000,000
Posted by 4cubbies
Member since Sep 2008
61469 posts
Posted on 12/22/17 at 12:31 pm to
quote:

Even doing the calculations with new math and numbersticks that's $200,000,000.00, not 200k.

touche.

So it's 200 million dollars?
Posted by LSURussian
Member since Feb 2005
134945 posts
Posted on 12/22/17 at 12:31 pm to
quote:

I'm supposed to kiss their asses over 200k?
Multiply $1,000 times 200,000 employees and what amount do you get?

YOU are the poster in this thread who is being emotional. So emotional, in fact, that you've totally misinterpreted what someone else posted at least TWICE that I've seen.
Posted by ninthward
Boston, MA
Member since May 2007
22775 posts
Posted on 12/22/17 at 12:33 pm to
quote:

Most Americans are corporations? That's news to me.
You dont know how this works do you?
Posted by slackster
Houston
Member since Mar 2009
91838 posts
Posted on 12/22/17 at 12:33 pm to
quote:

ATT spent 16 million in campaign contributions. I'm supposed to kiss their asses over 200k?




You're the tax cut expert yet cannot multiply $1000 x 200k employees.
Posted by NIH
Member since Aug 2008
122941 posts
Posted on 12/22/17 at 12:33 pm to
Have you ever worked in the private sector as an adult?
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 12/22/17 at 12:34 pm to
quote:

So it's 200 million dollars?


You tell us.
Posted by Centinel
Idaho
Member since Sep 2016
46210 posts
Posted on 12/22/17 at 12:34 pm to
quote:

I learn something new about myself here every day


Just going off what someone else said.

So you don't work in academia. Where do you work?
Posted by LSURussian
Member since Feb 2005
134945 posts
Posted on 12/22/17 at 12:35 pm to
quote:

, I do view that as a handout.
Then you need to change your view because your logic is seriously flawed.
Posted by NC_Tigah
Make Orwell Fiction Again
Member since Sep 2003
139071 posts
Posted on 12/22/17 at 12:36 pm to
quote:

So it's 200 million dollars?
Correct.

I've also heard about a dozen companies announcing ~15% pay raises for base employees. Within the hour, BB&T was the latest company to make that commitment.
Posted by slackster
Houston
Member since Mar 2009
91838 posts
Posted on 12/22/17 at 12:37 pm to
quote:

Every now and then there's an article that makes the news where a long-term store clerk at Wal-Mart leaves the company a millionaire because she took advantage of their stock purchase plan. So, yes, Wal-Mart employees do benefit from their company's reduction in taxes.


WMT up 42% YTD too. The tax cut does one of two things - Walmart will enjoy larger margins that will either be returned to shareholders or passed on to customers with more competitive pricing, or both.
Posted by Bass Tiger
Member since Oct 2014
55769 posts
Posted on 12/22/17 at 12:37 pm to
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.




I wanted to craft a snarky response to this POS post but just reading it zapped my creative juices.
Posted by LSURussian
Member since Feb 2005
134945 posts
Posted on 12/22/17 at 12:40 pm to
quote:

Except for the 700 employees they just laid off
When I googled the only layoffs by AT&T that came up occurred in October, 2016.

That's over a year ago and sure doesn't fit the definition of "just" laid off. And all of those layoffs were in the "management" category due to corporate reorganization.

LINK

You're safe. You work for the government. You can't be laid off no matter how poorly you perform in your job or how much time you spend on TigerDroppings while you're at work.
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