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Conor Lamb Walks The Liberal Party Line And Opposed Tax Cuts For Pennsylvanians

- January 18, 2018

LAMB IS ACTING AS A MOUTHPIECE FOR DEMOCRATIC LEADERSHIP AND THEIR DECEITFUL SMEAR CAMPAIGN AGAINST TAX REFORM

Lamb Said The Tax Cut Bill "Doesn't Address Any Real Problems" In Pennsylvania's 18th Congressional District

Congressional Candidate Lamb Said That The Republican Tax Cut Bill Doesn't "Address Any Of The Real Problems That We Have In This District." "'I don't see how it addresses any of the real problems that we have in this district,' Mr. Lamb said, citing the need to address crumbling infrastructure and opioid addiction." (Chris Potter, "Lamb, Saccone Both Hope For Blue-Collar Support In Special Congressional Election," Pittsburgh Post-Gazette , 12/22/17)

  • Lamb Also Claimed That Most Of The Benefits Of The Tax Cut Bill "Goes To Corporations And The Wealthy," Despite The Fact That Most Middle-Class Families Are Expected To Get A Tax Cut. "While most middle-class families may expect a tax cut in the bill's early years, he said, 'most of it goes to corporations and the wealthy.'" (Chris Potter, "Lamb, Saccone Both Hope For Blue-Collar Support In Special Congressional Election," Pittsburgh Post-Gazette , 12/22/17)

Lamb Parroted Democrat Talking Points In Saying The Tax Cut Bill Is Going To Be Paid For By Future Children, Social Security, And Medicare

Lamb Claimed The Tax Cut Bill Is Giving Away A Trillion Dollars To The One Percent And Corporations And The "Rest Of Us" Are Going To Pay For It. " 'We could have had a tax cut, and should have had a tax cut, without giving away a trillion dollars to the one percent and corporations,' Lamb said after a rally here. 'And when I say they gave it away, the rest of us are going to have to pay for that in the future.'" (David Weigel, "The First Congressional Election Of 2018: A Test Of Trump In Western Pennsylvania," The Washington Post , 1/17/18)

  • In Order To Pay For The Tax Cut Bill, Lamb Said That "They Are Going To Come After" Social Security And Medicare And That Future Generations Are Going To Have To Pay Off The Debt. "They're going to come for Social Security. They're going to come after Medicare. My kids are going to have to pay off that debt." (David Weigel, "The First Congressional Election Of 2018: A Test Of Trump In Western Pennsylvania," The Washington Post , 1/17/18)

IN FACT, PENNSYLVANIA WORKERS AND CONSUMERS ARE ALREADY BENEFITTING FROM THE TAX CUTS AND JOBS ACT

Pennsylvania Workers Are Already Seeing Real Benefits From The Tax Cuts And Jobs Act In The Form Of Higher Wages And Bonuses

As A Result Of The Tax Cuts And Jobs Act, AT&T Will Pay $1,000 Bonuses To Over 200,000 "'Union-Represented, Non-Management" Workers, And Will Invest An Additional $1 Billion Into The United States In 2018 Alone. "AT&T, the No. 2 U.S. wireless carrier, said it will pay $1,000 bonuses to more than 200,000 employees and invest an additional $1 billion in the United States in 2018, once the tax reform bill is signed into law. An AT&T spokesman said the bonuses were unrelated to the $1,000 that 20,000 AT&T Mobility employees will receive as part of an agreement with the Communications Workers of America announced last week. Employees eligible for the bonus are all 'union-represented, non-management and front-line managers,' AT&T said in a statement." ("AT&T, Two Banks Offer Bonuses, Pay Hikes In Wake Of U.S. Tax Reform," Reuters , 12/20/17)

  • There Are 2,200 AT&T Employees In Pennsylvania. "More than 2,200 AT&T employees working in Pennsylvania as of June 30, 2017." ("Jobs And Economic Support," AT&T, Accessed 1/3/18)

Bank Of America Will Give About 145,000 Employees $1,000 Bonuses, CEO Brian Moynihan Cited The Tax Cuts And Jobs Act As The Reason For The Company's Generosity . "Bank of America will give some of its employees a $1,000 bonus, citing the tax bill that was just signed into law. 'Beginning in 2018, we will see benefits from the tax reform ... in the form of lower corporate tax rates,' CEO Brian Moynihan said in an internal memo to employees obtained by CNBC. He also said that about 145,000 employees will receive the bonus." (Fred Imbert, "Bank Of America Is Giving Some Employees A $1,000 Bonus, Citing Tax Bill," CNBC , 12/22/17)

  • Bank Of America Has 62 Financial Centers In Pennsylvania. ("Pennsylvania," Bank Of America , Accessed 1/3/18)

After The Tax Cuts And Jobs Act Passed, Comcast Announced It Would Give $1,000 Bonuses To Over 100,000 Employees And Invest $50 Billion Into Its U.S. Infrastructure In The Next 5 Years. "Cable provider Comcast Corp also said it would give $1,000 bonuses to more than 100,000 employees and invest $50 billion over the next five years in its infrastructure." ("AT&T, Two Banks Offer Bonuses, Pay Hikes In Wake Of U.S. Tax Reform," Reuters , 12/20/17)

PNC Financial Services Has Said It Will Give $1,000 Bonuses To 90 Percent Of Their Employees Below A Certain Pay Grade, And Will Increase Their Minimum Wage To $15 An Hour By The End Of 2018. "PNC Financial Services PNC, +0.47% became the latest company to say it will pay special bonuses to the bulk of its employees, among other workforce investments, after the tax bill was signed into law Friday. The financial services company said it will provide a $1,000 cash payment in the first quarter of 2018 to about 47,500 employees, or the about 90% of its workforce who are below a certain compensation band. In addition, PNC said it would raise its minimum wage to $15 an hour by the end of 2018, provide an additional $1,500 for employees in the defined benefit pension plan and make a $200 million contribution to the PNC Foundation, which supports early childhood education." (Tomi Kilgore, "PNC To Pay $1,000 Bonuses, Raise Minimum Wage After Tax Bill Signed," Market Watch , 12/22/17)

  • PNC Financial Services Has 20 Wealth Management Offices In Pennsylvania. ("Wealth Management And Hawthorn Office Locations," PNC , Accessed 1/3/18)

Pennsylvania Community Bank, American Bank, Announced That Because Of The Tax Cuts And Jobs Act It Will Give All Of Its Employees A $1,000 Bonus. "American Bank Incorporated (OTC Pink: AMBK), the parent company of American Bank, today announced that it will be giving its employees an additional $1,000 bonus, citing the tax bill that was just signed into law. American Bank, a community bank headquartered in Allentown Pennsylvania, is joined by a list of larger corporations and Fortune 500 companies across the country that have taken this sort of action following the passage of the bill signed by President Trump on Friday that overhauls the U.S. tax code." (Press Release, "American Bank Announces $1,000 Bonus For Employees, Citing Tax Bill," American Bank , 12/22/17)

  • American Bank Employs 60 Pennsylvanians. "American Bank became the first Lehigh Valley business to publicly announce it is paying $1,000 bonuses to its 60 workers in connection with the tax bill signed Friday by President Donald Trump." ("American Bank PA : Among Companies Promising Tax Bill Bonuses To Employees," 4Traders , 12/22/17)

AccuWeather Committed To Giving All Of Its Employees Bonuses At The End Of 2017, Citing "Strong Confidence In The Growing U.S. And Global Economy Now That The Tax Bill Has Passed." "AccuWeather, the world's fastest-growing provider of forecasts and warnings and a global leader in digital media and weather-related big data, today announced it is pleased to be providing special year-end bonuses to all employees. AccuWeather said the bonuses are possible due to the company's robust financial performance in 2017 and strong confidence in the growing U.S. and global economy now that the Tax Bill has passed." (Press Release, "AccuWeather Announces Special Year-End Bonus And Other Investments To Cap A Year Of Strong Financial Performance, Superior Accuracy," AccuWeather, 12/26/17)

  • AccuWeather's Global Headquarters Is Based In State College, Pennsylvania. "AccuWeather's operation is housed in its Global Headquarters, a 52,000 square foot facility built on 6.5 acres of land near State College, PA. AccuWeather spent several years designing its headquarters, incorporating many features that enable us to serve our clients even better than ever. Some of the highlights include redundant computer facilities, on-site UPS and power generation, 23 radio booths and a TV studio." ("About AccuWeather, Inc. And AccuWeather.Com," AccuWeather, Accessed 1/18/18)

Pennsylvania-Based Customers Bank, Is Passing Along Tax Savings To Customers In The Form Of Higher Earnings On Checking Accounts. "Customers Bank, one of the region's leading community banks with operations in Pennsylvania, New York, New Jersey and New England, announced today that it will pass some of its tax savings along to consumers following the passage of the U.S. Tax Reform Bill- starting with a Bonus Checking earning 2.00% APY for consumers across America. This offer surpasses the interest rates paid by most money market accounts and checking accounts which, according to BankRate.com, pay average annual rates of only 0.06% APY." (Press Release, "Customers Bank Announces Bonus Checking Earning 2.00% APY Following Passage Of Tax Reform Bill," Customers Bank, 1/5/18)

NexTeir Bank, Based In Butler, PA, And Pittsburgh's 14th Largest Bank, Gave Workers $1,000 Bonuses After The Tax Bill Passed. "Butler-based NexTier Bank is investing in its workforce with a one-time bonus of $1,000 for all employees as a result of the tax reform bill passed in December. This is in addition to annual bonuses paid in late 2017. NexTier is Pittsburgh's 14th-largest bank as ranked by deposit market share. Privately held, it has 27 branches and assets of more than $1 billion." (Patty Tascarella, "NexTier Paying Bonuses Due To Tax Reform," Pittsburgh Business Times , 1/12/18)

After The Tax Cuts And Jobs Act Passed, Walmart Announced It Will Raise Its Minimum Wage To $11 An Hour, And Distribute $1,000 Bonuses To Eligible Employees. "Walmart's workers will soon reap the benefits of the recent tax law changes, as the world's largest private employer raises its starting wage, creates new benefits and distributes bonuses to eligible workers. The big-box retailer announced Thursday it will increase its starting wage rate for hourly employees in the U.S. to $11, and expand maternity and parental leave benefits. Currently, Walmart's starting wage is $9 until workers complete a training program. Then, they receive $10. Walmart will also pay a one-time cash bonus to eligible employees of as much as $1,000. The payouts, which should total roughly $400 million, will result in a one-time charge that the company will take in its fiscal fourth quarter." (Lauren Thomas, "Walmart To Raise Its Starting Wage To $11, Give Some Employees Bonuses Following Tax Bill Passage," CNBC , 1/11/18)

  • There Are 53,338 Walmart Employees In Pennsylvania. "Associates: Associates in Pennsylvania: 53,338." (Pennsylvania, Walmart , Accessed 1/11/18)

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