Two Million People (and counting) Receiving Tax Reform Bonuses

Not really. I think it's just overlayed to show that personal income varies inversely with corporate profit - which isn't that big of an insight since labor cost is the prime expense of businesses.

 

Apple was planning on doing all of that anyway, Tim Cook said as much.

Fact is that $1,000 "windfall" could have come much cheaper by cutting his taxes, not the rich and putting us in a 1.5 trillion dollar hole. 95% of the 1.5 trillion dollars goes to the rich with 5% trickling down to guys like this. And you say that's good?

 

I don't doubt that to those at a certain spot the economic ladder like yourself 1000 bucks seems like a lot.

Of course, for $1.5 trillion, the government could have cut a check to every man woman and child in the US for about $4000. Instead it went to a comparatively few very rich people, many of whom are not even people or even American.

Unfortunately think back to your health care misadventures - does $1000 seem like a lot then? Does $4000?

Enjoy your bonus. I suggest IKEA.

 

There is no better expression of hatred for the lower echelons like yourself than the Tax Cut and Jobs Act of 2017.

 

Working stiff schmoes who go to the mat for tax cuts for billionaires, at their own expense, with "thank you sir may I have another" are the definition of Masochism.

Have fun cleaning Tim Cooks toilet.. which otherwise wouldn't have let you clean..

 

Lol, then why do you work for Southwest Airlines?

 

My payroll check on the 31st will have the new tax bracket in effect. I'm looking at a net $115 increase monthly, single no dependents.

 

Yes he said they would give more to charity because of the tax cut. Yes, it will result in more jobs, but a trickle compared to what will be lost if gov't spending is reduced to contain the debt created from this

And I have always advocated finding ways to reduce the debt DURING GROWTH PERIODS! Clinton handed Bush a huge surplus which he squandered. The debt is in large part to reckless management during those 8 years and a failure to address entitlement programs. AHC actually is a net positive when you consider the lower premiums it resulted in for everyone over time as you had less emergency care visits.

Reality is you don't know the truth.

 

This is going way over your head.

No one is arguing extra money in the pockets of the working class is a bad thing.

What you seem to be missing is it is going to cost 15 trillion dollars over 10 years.

With that kind of investment you could wipe out student debt or completely revamp the healthcare system, things the working class could benefit much more from.

 

And your health insurance premiums will likely quickly rise to erase that. Oh, and wait until you do your taxes next year with less deductions and so you owe more. Oh, and hope you don't borrow money because you'll pay a higher interest rate now.

 

Wrong on almost all accounts. My insurance premiums will go up $10 a month, I will have more deductions next year. I don't need to borrow money, I'm not poor nor in need of money.

 

You will have more deductions? So you are saying you rent then?

Lots of well off people "borrow" money. Mortgages, car leases - you don't get those things if you are poor. But if you don't have those things and you are worried about $110 a month, you definitely aren't doing all that well.

 

I do rent yes, I don't think Houston is where I will call home permanently. That a decision to be made within the next 3 years.

 

You may benefit in the short term, but the long-term, this deal will hurt you.