Posted on 02/14/2018 5:34:44 AM PST by Kaslin
Congressman Todd Rokita, R-Ind., will introduce legislation that helps Americans keep more of the bonuses they receive by making them tax-free.
The legislation, “Creating Relief and Useful Middle-Class Benefits and Savings”—known as the CRUMBS Act—also takes a swipe at House Minority Leader Nancy Pelosi, who has repeatedly downplayed the significance of the bonuses some Americans are receiving thanks to the GOP tax plan by referring to them as “crumbs.”
“In terms of the bonus that corporate America received versus the crumbs that they are giving to workers to kind of put the schmooze on — it’s so pathetic,” she told reporters last month. “I think it’s insignificant.”
Rokita said in a statement comments like Pelosi’s reflect how “out-of-touch” Democratic leaders are.
"Americans are receiving thousands of dollars in bonuses and more money in their paychecks thanks to President Trump's tax reform, but out-of-touch Democratic leaders believe they only amount to crumbs," he said, reports Fox News. "The CRUMBS Act will let Americans keep more of the money they receive as a result of President Trump's tax reform, and allow them, not the government, to choose how best to spend their bonuses.”
The CRUMBS Act would make bonuses up to $2,500 tax-free.
Americans for Tax Reform is keeping track of the number of Americans who are receiving tax reform bonuses. So far 346 companies have given workers bonuses, raises, or 401(k) hikes thanks to tax reform, affecting more than 3,500,000 Americans.
Let’s see: One way is to give workers a ‘pay cut’ and give it back to them in the form of a bonus. Let the workers demand it.
There’s more. Offer the pay cut over a 6 month period. Anyone contemplating quitting will lose the bonus.
I work at a very large corporation. I received my first check with my tax cut reflected on it today. I had wondered where my tax cut was. On the current check the previous three weeks tax savings were retroactively paid. This is enough to really get the attention of the tens of thousands who are employed here. I’m sure there will be many of my independent and liberal co workers who will have a “these are crumbs moment” when they check their deposit.
I guess they were....Their donkey died.
Love it, using the CRUMBS is turning it around on the Dems much to their chagrin.
This will immediately be abused....by Republicans and Democrats alike.
Now that’s Funny! I think President Trump besides giving the GOPe a new set of balz (though small they are) has given them a sense of humor too:-)
“I work at a very large corporation. “
I do also, a Fortune 50 company. We get paid bi-monthly and the tax cuts hit our last check. They were....huuuuuuge. Naturally, the liberals I work with (and there are many) were still bashing Trump. I reminded one that she didn’t have to live with these cuts - she could write a check to the IRS for the difference whenever she wanted.
She hasn’t spoken to me since. It’s been great.
Isn't it funny how liberals don't mind getting extra money on THEIR paycheck but want others to pay more in taxes?
You CANNOT fix retarded.
Brilliant and it speaks volumes to those who received a bonus!!
Woo hoo!
It's alive and well across the border in Tijuana
So According this this demonic supporter of killing babies, the govt needs crumbs but the people do not. Tax on crumbs is crumbs
I guess they were....Their donkey died.”””
While they were sitting on their asses !!!
Good post, Grampa Dave. There is a simple solution to the problem that Pelosi seems to have in your pic.
I keep my Poligrip on the bathroom counter and my Preparation-H in a drawer.
Wow...good pithy comment. :)
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