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Fifth-Third CEO: Bank Workers Will Get Minimum Wage Boost Due To New Tax Reform
CBS Detroit ^ | Dec. 20, 2017 | staff

Posted on 12/20/2017 3:57:23 PM PST by Eddie01

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This makes three.
1 posted on 12/20/2017 3:57:23 PM PST by Eddie01
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To: Eddie01

What will the left say-chump change?


2 posted on 12/20/2017 4:03:47 PM PST by DIRTYSECRET (urope. Why do they put up with this.)
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To: DIRTYSECRET

The liberals should be happy with this result. But they will somehow criticize this move, perhaps by saying the company only did this because of Trump’s tax law, or to curry favor with Trump , or something, anything, which will be critical of Trump and Republicans.


3 posted on 12/20/2017 4:06:49 PM PST by Dilbert San Diego
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To: Eddie01

AT & T, Fifth Third & who is the third?


4 posted on 12/20/2017 4:08:32 PM PST by madison10 (Merry Christmas!)
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To: Eddie01

http://www.freerepublic.com/focus/f-news/3615468/posts

crud. dupe. I searched titles, but used wrong words. See above.


5 posted on 12/20/2017 4:08:47 PM PST by Eddie01
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To: madison10

boeing


6 posted on 12/20/2017 4:09:15 PM PST by Eddie01
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To: Eddie01

Thanks.


7 posted on 12/20/2017 4:11:34 PM PST by madison10 (Merry Christmas!)
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To: Eddie01

Yet there are millions of opponents who say that a corporate tax cut will be kept by the “greedy executives”.


8 posted on 12/20/2017 4:13:07 PM PST by Blood of Tyrants (Conservatives love America for what it is. Liberals hate America for the same reason.)
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To: Blood of Tyrants

I don’t think Chuck or Nancy could look any dumber.

Trouble is, it doesn’t bother them in the least.


9 posted on 12/20/2017 4:16:15 PM PST by Eddie01
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To: Eddie01
Ben Shapiro is in for Levin tonight. American corporations plan on investing billions in the USA.

Just for the heck of it I googled "tax cuts corporation response" ALL the Lame Stream Media have articles that discuss how these tax cuts won't help the middle class and they won't raise salaries or investments here. Within 5 hours they are proven wrong!!! LOL!!

MAGA!!

p.s. Shapiro is doing a great job tonight.

10 posted on 12/20/2017 4:17:30 PM PST by lizma2
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To: madison10

There are 5 now.
http://time.com/5074911/tax-reform-bill-company-investments-bonuses/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+timeblogs%2Fswampland+%28TIME%3A+Politics%29

AT&T
AT&T said it would give $1,000 bonuses to more than 200,000 employees in the U.S. once the tax bill is signed into law and promised to invest an additional $1 billion in the U.S. in 2018. CEO Randall Stephenson praised the tax legislation as “a monumental step to bring taxes paid by U.S. businesses in line with the rest of the industrialized world.”

Trump praised AT&T’s announcement in remarks at the White House. “That’s because of what we did,” he said. “So that’s pretty good. That’s pretty good.” AT&T is currently awaiting approval from Trump’s Justice Department of its pending $85 billion acquisition of Time Warner.

Boeing
Boeing announced that it would spend $300 million on “employee-related and charitable investments” because of the tax plan. “The reforms enable us to better compete on the world stage and give us a stronger foundation for the investment in innovation, facilities and skills that will support our long-term growth,” CEO Dennis Muilenburg said in a statement.

Comcast
Comcast is giving $1,000 bonuses to 100,000 “frontline and non-executive employees,” the company announced, citing the rollback of the FCC’s Obama-era net neutrality rules and the passage of the tax reform bill. CEO Brian Roberts also said the company expects to spend “well in excess of” $50 billion on infrastructure investment over the next five years.

Fifth Third Bankcorp
Fifth Third Bancorp said it would increase its hourly minimum wage to $15 for U.S. employees.

Wells Fargo
Wells Fargo said it would increase its minimum wage for U.S. employees from $13.50 to $15 and spend $400 million on donations to nonprofits and community organizations in 2018.


11 posted on 12/20/2017 4:20:25 PM PST by Eddie01
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To: lizma2

I was listening to Shapiro. Agreed. Awesome show.


12 posted on 12/20/2017 4:23:01 PM PST by Eddie01
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To: Eddie01

Funny - all the marching and demonstrations and self-righteous accusatory preaching we’ve endured from the left and all it really takes to get a raise in the minimum wage is to help companies see their way to have more income to distribute to their workers......


13 posted on 12/20/2017 4:27:31 PM PST by Intolerant in NJ
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To: Eddie01

They are based in OHIO.


14 posted on 12/20/2017 4:28:30 PM PST by lodi90
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To: Eddie01

I believe we’re up over $300 million in bonuses promised today after the Tax Cut bill was passed.

Nice!

Beats a pussy’s speech from the Kenyan about lowered expectations and words like “new realty”, “bush’s fault” and other loser phrases.

I’m actually surprised he didn’t put on a sweater at one point, and offer up his own malaise speech.


15 posted on 12/20/2017 4:32:19 PM PST by DoughtyOne (McConnell, Ryan, and the whole GOPe are dead to me. Are Alabamans tired of winning?)
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To: Eddie01

Liberals call this losing . . .


16 posted on 12/20/2017 4:37:44 PM PST by Pilgrim's Progress (http://www.baptistbiblebelievers.com/BYTOPICS/tabid/335/Default.aspx D)
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To: DoughtyOne

Don’t forget...

“it’s not who we are” /puke


17 posted on 12/20/2017 4:39:20 PM PST by Eddie01
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To: Eddie01

Yes, anther loser from our biggest loser.

He was THE WEAKEST LINK.


18 posted on 12/20/2017 4:41:36 PM PST by DoughtyOne (McConnell, Ryan, and the whole GOPe are dead to me. Are Alabamans tired of winning?)
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To: Eddie01

19 posted on 12/20/2017 4:46:17 PM PST by JPG (MAGA)
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To: Blood of Tyrants
Yet there are millions of opponents who say that a corporate tax cut will be kept by the “greedy executives”.

There've been a great many of those here on FR the past few weeks!

20 posted on 12/20/2017 4:48:37 PM PST by kevao (Biblical Jesus: Give your money to the poor. Socialist Jesus: Give your neighbor's money to the poor)
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