Keyword: crumbs
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In the last month, two more major companies headquartered in the Bay Area announced that they would be leaving for presumably greener pastures out of state. One was the energy giant Chevron, and the other was X, the social media company that has been owned by Elon Musk since 2022. The Bay Area Council, a business advocacy group, seized on the moment to repeat a critique it has made on numerous occasions: “It’s an embarrassment for California that we’ve lost so many global companies because of misguided policies that make it incredibly difficult to do business here,” president and CEO...
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Joe Biden is planning to propose the first substantial federal tax hike since 1993 for Americans to help pay for his long-term economic program after he signed the largest stimulus package in U.S. history with a price tag of $1.9 trillion. Now the White House is preparing to roll out another sweeping plan to tackle infrastructure and the economic crisis, which some say could fall somewhere between the $2-$4 trillion mark. Biden plans to kick off his cross-country tour this week promoting and seeking to bolster enthusiasm for the coronavirus relief package, where the White House will also ensure he...
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House Minority Leader Nancy Pelosi (D.-Calif.) responded to the November employment report that came out today—which showed that a record 156,795,000 were employed in America—by saying that the report revealed “a callous GOP special interest agenda” that has hurt the “economic security of hard-working families.” The unemployment numbers released by the Bureau of Labor Statistics indicated that the unemployment rate was 3.7 percent for the third straight month. That is the lowest unemployment rate the United States has seen since 1969, according to BLS. “November’s jobs report shows an economy straining beneath the weight of a callous GOP special interest...
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As proof that Trump’s policies are bad for the dynamic sectors of the economy that prospered under Obama, former presidential candidate Hillary Clinton cited her drastically reduced speaking fees. In a speech at Rutgers University in New Jersey this week her honorarium was only $25,000–$7,000 less than reality TV star Nicole “Snooki” Polizzi from the show Jersey Shore received from Rutgers for a 2011 appearance and $175,000 less than Clinton’s typical asking price before the 2016 election. “The few thousand dollars in crumbs being awarded to middle class workers as a result of the tax cut legislation are dwarfed by...
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Nancy Pelosi hasn't exactly been in clover since she disdainfully sniffed that $1,000 worker bonuses were just " crumbs " following the Republican passage of tax cuts. She was so against those that she screeched that " people are going to die !" if the tax cuts dared pass in Congress. After the tax cuts did, just as in Aesop's tale of the fox and the grapes, she called the resulting unexpected bonuses "crumbs." Apparently, the fallout has been so bad on that she's backtracked on her remarks, putting out this tweet, which was noticed by Fox News: Certainly we...
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Nancy Pelosi Backtracks on ‘Crumbs’ Tax Reform Comment: ‘We Are Thankful Whenever Workers Get Bonuses’ House Minority Leader Nancy Pelosi (D-CA) backtracked on her “crumbs” comment about tax reform, admitting that “we are thankful whenever workers get bonuses.” Pelosi admitted in a tweet on Thursday, “Certainly we are thankful whenever workers get bonuses. But it is incredibly telling that companies by-and-large chose to give out one-time bonuses, and not long-term raises.” Pelosi’s backtrack is a stark contrast to comments she made in February where she called the Tax Cuts and Jobs Act “unpatriotic” at a town hall in Arizona.
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HALF OF AMERICANS AGREE with House Minority Leader Nancy Pelosi's comments that corporations are giving their workers "crumbs" as a result of the tax bill, according to a poll released Friday by a group aligned with President Donald Trump. America First Priorities, found 49 percent of respondents agreed with the California Democrat, whose remarks pointed out the disparity in the windfall companies received in December with the passage of a major tax cut compared to the comparatively small bonuses they're handing out to their employees. "In terms of the bonus that corporate America received versus the crumbs that they are...
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Several top Democratic congressmen are distancing themselves from House Minority Leader Nancy Pelosi over her harsh criticism of President Trump's tax cuts. Democratic National Committee Vice Chairman Rep. Keith Ellison (D-Minn.) pushed back on Pelosi's comment that bonuses paid to employees by various companies were mere "crumbs." "The income inequality is so bad, that if you could pick up $1,000 or $900, maybe it helps," he said in comments reported by Axios.
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This is about as clean a political win as you're going to see these days, so Republicans are absolutely right to be pressing their advantage. They've earned it. They withstood weeks of withering and punishing demagoguery from Democrats and much of the press -- which also happened to be highly inaccurate and laughably hyperbolic -- and ultimately stuck together to pass a controversial and unpopular bill. The legislation would hurt the middle class and bring about the apocalypse, Democrats argued. Republicans countered that their plan would actually benefit the vast majority of American taxpayers and help US businesses. The...
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It’s happened. We saw this coming. In fact, unlike Obamacare, it was almost guaranteed to happen: the GOP bill is becoming more popular . It’s now split 44/44 percent supporting and opposing the legislation. That’s a 21-point jump from December when it was signed into law by President Donald J. Trump. The polling was dismal on the bill then, but Republicans held firm and passed it via reconciliation. Not a single Democrat voted for the bill; a bill that provides middle and working class tax relief. It was even asked back then: what will Democrats do when his tax...
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A Republican lawmaker is set to unveil legislation that would make most bonuses given out as a result of President Trump's tax reform plan tax-free -- and took a jab at House Minority Leader Nancy Pelosi with the bill's name. Rep. Todd Rokita, R-Ind., has dubbed his bill the "Creating Relief and Useful Middle-Class Benefits and Savings" -- or "CRUMBS" Act. Pelosi, D-Calif., famously referred to the bonuses as "crumbs" in criticizing the tax plan last month. "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...
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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 Savingsâ€â€”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.â€â€œIn 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...
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A Republican lawmaker is set to unveil legislation that would make most bonuses given out as a result of President Trump's tax reform plan tax-free -- and took a jab at House Minority Leader Nancy Pelosi with the bill's name. Rep. Todd Rokita, R-Ind., has dubbed his bill the "Creating Relief and Useful Middle-Class Benefits and Savings" -- or "CRUMBS" Act. Pelosi, D-Calif., famously referred to the bonuses as "crumbs" in criticizing the tax plan last month. "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...
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In Maryland, Salvador Gomez-Lopez, a native of El Salvador in the United States illegally will go on trial for stabbing a man waiting at a bus stop. The attack sprang from the victim’s objection to Gomez urinating in front of fellow bus passengers. Arresting police described Gomez as “drunk and belligerent.” In the US House of Representatives, Minority Leader Nancy Pelosi (D-Calif) gave an eight hour speech blaming Trump’s “anti-immigrant policies for this tragedy. The hostility of the President toward immigrants seeking a better life in America is the primary cause for this incident. If Mr. Gomez didn’t have to...
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Chipotle is the latest company to give out one-time cash and stock bonuses, and will broaden parental leave benefits for workers following sweeping changes to U.S. tax law.
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House Minority Leader Nancy Pelosi (D-Calif) defended her dismissal of the $1,000s in bonuses and tax cuts flowing to the middle class from the recently enacted Tax Cuts and Jobs Act as “crumbs.” Using herself as an example, Pelosi observed that “the pittances being received by members of the working classes are dwarfed by the hit I’m taking. By limiting the deductability of mortgage interest to only $10,000 on only an owner-occupied home, those of us who own multiple houses worth millions of dollars are losing far more than these commoners are gaining. My tax accountant tells me I’ll have...
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House Republicans will lean heavily on Minority Leader Nancy Pelosi and her comment that the GOP tax cut amounts to just "crumbs" for people in their quest to retain the majority this year.In an interview with reporters on Thursday, National Republican Congressional Committee Chairman Steve Stivers, R-Ohio, who runs the House campaign arm, said the top Democrat is helping Republicans politically with her own well-publicized criticisms of the GOP. Most recently, she called the Republican tax reform plan “Armageddon,” and said the $1,000 bonuses some companies awarded as a result of corporate tax cuts are “crumbs.”“Her crumbs comment,” Stivers said....
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Congressional Republicans once bracing for the possibility of a Democratic “tsunami” in this year’s elections now appear on the offensive -- bolstered by new polls suggesting Americans like their recent tax cuts, and the opportunity to pounce on Democratic House leader Nancy Pelosi remark about the bonuses and paycheck increases amounting to “crumbs.” “Nancy Pelosi has stayed in the spotlight. Her 'crumbs' comment is something I think we can use pretty effectively,” Ohio Rep. Steve Stivers, chairman of the National Republican Congressional Committee, said at this week’s GOP policy retreat at the Greenbrier resort, in West Virginia. To be sure,...
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My company just announced a $1000 bonus for all US based employees based on the tax cuts.
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WHITE SULPHUR SPRINGS, W.Va. — President Trump on Thursday likened House Minority Leader Nancy Pelosi’s calling the recent tax law-related bonuses “crumbs” to Hillary Clinton’s infamous “deplorable” comments from the 2016 campaign. “That could be like ‘deplorable,’ ” Mr. Trump said of Mrs. Pelosi’s comments. “Those two words — they seem to have a resemblance. I hope it has the same meaning.”
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