Posted on 02/21/2018 4:30:38 PM PST by Enchante
Starting in late 2017, Boeing executives discussed plans to conceal employee bonuses or cancel them altogether in order to keep President Trump from getting credit, following the passage of the Republican tax-reform bill. On a series of conference calls led by Boeing’s Senior Vice President of Communications Phil Musser, Musser proposed and lobbied for canceling bonuses out of fear that the company may contribute to President Trump’s rising approval rating.
Before Musser worked as a high level Boeing’s communications staffer in Washington, his employment history included public and media relations work for Mitt Romney’s 2012 Presidential Campaign and The Freedom First PAC, a right leaning political action committee.
Since the passage and signing of Republican tax reform in December, hundreds of major companies have given their employees bonuses and raises with the some of the newly minted tax savings resulting from the new law. Boeing has enjoyed a relationship with the Trump Administration that’s been mostly cozy. The Administrations foreign policy changes have opened the door to billions of dollars of new purchases of Boeing products by America’s overseas partners, including Israel and Saudi Arabia.
According to Boeing employees familiar with the conversations inside Boeing that surrounded the decision to issue bonuses, Musser was not the only executive averse to publicizing the issuing of the bonuses. When it finally became clear to Musser and others that the bonuses would indeed be issued to employees, in mid to late January, Musser made a final push, calling for Boeing to “hold off” on handing out the Bonuses. Musser believed that delaying the issuing of bonuses to Boeing employees would ensure that the move was not seen as connected to Trump’s tax cuts.
In late January, Musser submitted a last-ditch proposal to his superiors at the company to draft documents retroactively that would give the appearance that Boeing had the bonus package planned well-before the passage of Trump’s signature tax-cut legislation, according to several employees familiar with the document. Musser shared this plan with several other Boeing executives and received a mixed response.The plan failed to gain support among the majority Boeing executives.
In the final press release announcing more than $600 Million in bonuses, drafted in part by Phil Musser, the bonuses were ultimately not attributed to President Trump’s economic policies or any change in public policy whatsoever. Instead Musser and his colleagues responsible for the drafting of the document pointed out in the short press release that the bonuses could pay for “Nearly 400 million Costco hotdog/soda combos” and “Over 283 million pounds of Washington apples”. Following the announcement of the new bonus package, Boeing’s stock has rallied despite overall market volatility.
After losing a several month long battle to conceal or stop the employee bonuses, Phil Musser ultimately received a bonus himself.
Phil Musser and Boeing did not respond to a request for comment from The Washington Reporter.
These kinds of people must be exposed!!!!
(Channeling Obama’s Voice):
If you like your bonus, you can keep your bonus. But we will not tell you the source of that bonus.
Perhaps we should request that our government not do business with companies that plot to harm our duly elected President. Hit them with 100 Billion in lost contracts and that mentality will die.
So Musser worked against the interests of the Boeing employees, the company, and the COUNTRY because he had his own political reasons for trying to undermine Trump.
A spotlight needs to be focused on this guy, and Boeing needs to learn that it is not in their interest to employ such politicized scumbags.
Similar instances must be exposed in other places.
MAGA!!!
This must be fake news. The Boeing EIP (bonus) payments aren’t subject to the whim of the CEO and have nothing to do with tax law.
“Musser proposed and lobbied for canceling bonuses out of fear that the company may contribute to President Trump’s rising approval rating.”
What a rotten thing to do, and he should be forced out of the company for it. Hopefully the employees have no loyalty to him.
SO, is Phil Musser, Musserthe former Senior Vice President of the company???
But anonymous Boeing employees familiar with conversations inside Boeing said so! What more evidence do you need?
I’d hold up any contracts and payments to Boeing until this SOB is OUTTA THERE
Well their own PR attributes “record” bonuses to their 2017 financial performance:
Still, if tax law changes improve their profitability then i would think that larger bonuses could be attributed to the tax law changes, at least in part.
Well their own PR attributes “record” bonuses to their 2017 financial performance:
Still, if tax law changes improve their profitability then i would think that larger bonuses could be attributed to the tax law changes, at least in part.
PING.
So many little pieces of sh_t conspiring against the regular folks. Bitter Liberals clinging to their inhumanity.
I agree.
What?
bttt
And Romney dared to call Trump a phony and a fraud.
Strange given that Musser had praised Trump’s tax reform plans back in 2017, had predicted that Boeing would benefit financially, and had promised to invest some of the benefit of it back into the employees:
https://www.washingtontimes.com/news/2017/dec/22/boeing-spokesman-praises-trump-administrations-tax/
“Well their own PR attributes “record” bonuses to their 2017 financial performance:”
That’s fine. Now they should be asked why they aren’t giving employees another bonus because of the tax cuts.
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