Major US companies say workers will see some of tax windfall

Associated Press ^ | Dec 20, 2017 7:03 PM EST | Josh Boak

[Jim Robinson]

Uh, the shareholders are, in large part, the middle class.

[Political Junkie Too]

workers will see some of tax windfall

I guess it's time for a windfall profits tax on tax windfalls.

-PJ

[hardspunned]

Someone should tell these fools how ridiculous they look in calling economic revitalization, higher wages, bonus money, jobs, etc. a stunt. I hope this is their campaign strategy for 2018.

[EQAndyBuzz]

Once again the Associated Presstitutes are providing artillery for their Marxist Masters.

[Rusty0604]

That’s right. Whenever labor union guys complained about shareholders making profits over employees, I would remind them that their pension plans are profiting.

[rb22982]

Yup - exactly. Middle class 401ks, IRAs, and other stock investments going UP is good for retirements!

[DoughtyOne]

Wait, weren’t the middle class wage earners lives supposed to be over today?

Are they sure they’re getting more money?

Bwa ha ha ha...

[madprof98]

No more news. Just editorials. One stupider than the last.

[whistleduck]

Solid reporting. Objective analysis.
Or at least the very best this cesspool of ink swillers can do.

[ButThreeLeftsDo]

In 6 of the last 8 years, there were no annual merit increases where I work.

2017 was no different. If we were to get a merit increase, it would come in September. Once again, it didn’t.

Then, the effects of the Trump presidency and the possibility of tax reform, changed everything.

It has been announced that merit increases will be reinstated after the first of the year.

And my 401k has NEVER done better than it has since the election of 2016.

[Newbomb Turk]

Not a single Democrat crossed the line and voted for this.

They are going to get blown out in 2018. BIGLY !

[lightman]

That will really help those working for non-profits, the retired, and the unemployed---NOT!

[lightman]

The gentry are worried that the peons are encroaching on their exclusive hidey-holes.

Ergo the Tax Smackdown Act of 2017.

[BookmanTheJanitor]

WASHINGTON (AP) — The Trump administration’s budget plan for 2018 assumes that a mix of sharp spending and tax cuts can both shrink the deficit and fuel economic growth of 3 percent a year — a level it hasn’t achieved in more than a dozen years. Most economists and budget experts dismiss that promise as fancifully unrealistic.

Josh Boak (same writer) - 'Why Trump’s budget plan wouldn’t likely accelerate growth' May 23, 2017

[Olog-hai]

They keep wishing the intarwebs had an actual memory hole.

[truth_seeker]

Republicans (most) cheer for workers to get more money.

Democrats want non-workers to get more money.

Makers vs. Takers

[Vince Ferrer]

Only rich people have stocks. I have a 401k.