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😩 debbie downer 😩

Michael Ahrens - January 25, 2018

Add Debbie Wasserman Schultz to the list of Democrats scoffing at all of the companies that have increased employee wages, improved benefits, created jobs, and/or passed out bonuses to their workers because of the Republican tax cuts:

Washington Examiner: Pelosi, Wasserman Schultz rip $1,000 tax reform bonuses, 'crumb.' The Democratic Party’s top leaders on Thursday flicked aside the bonuses and pay hikes 250 companies like Home Depot, Fiat Chrysler and Wells Fargo are giving employees as a result of the tax reform package approved in Congress last year and signed by President Trump. … Their comments were captured by the conservative group America Rising Squared at the #TrumpTax Town Hall at Florida Atlantic University sponsored by Not One Penny.

  • Pelosi said, “There’s a cartoon that I just love.... There’s a little mouse trap who’s got a little piece of cheese on there and there’s a mouse about to take it and that’s called the middle class. And around it are fat cats, they look a lot like elephants but anyway, around there. And that’s the thing. Get this little thing and we get this big bonanza. You get the crumb, we get the banquet.” (Video)
     
  • Wasserman Schultz added, “Frankly, if you look at the bonuses, which I haven’t heard of a corporate bonus more than $1,000 so far. Which by the way is taxed, so it’s not $1,000. And then you spread $1,000 over the course of the year – to think of about how much that is – of course they get it all at once. But I’m not sure that $1,000 (which is taxed, taxable) goes very for almost anyone.” (Video)

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From: Michael Ahrens - Communications/Research
Sent: Thursday, January 11, 2018 5:32 PM
To: Michael Ahrens - Communications/Research
Subject: 💎 fancy schmancy nancy 💎

$1,000 might not be much for Fancy Schmancy Nancy Pelosi, one of the wealthiest members of Congress, but millions of Americans are already seeing the benefits of tax reform. And the list of companies giving out bonuses, raising wages, and enhancing employee benefits is growing by the day…

The Washington Times: Nancy Pelosi scoffs at ‘crumb’ bonuses by U.S. companies as a result of tax cuts. House Minority Leader Nancy Pelosi said businesses across the United States are handing out “crumbs” to employees as part of recent tax reform legislation signed by President Trump. … She told reporters during her weekly press briefing that Walmart, Southwest Airlines and other companies are merely looking for good press. “In terms of the bonus that corporate America received versus the crumbs that they are giving workers to kind of put the schmooze on is so pathetic. It’s so pathetic,” the California Democrat said.

Out of touch much?

“Tax Cuts and Jobs Act Bonus Ticker: At least 2,000,000 Americans (and counting) will receive special bonuses from their employer thanks to tax reform”

AAON -- $1,000 bonus checks to 2,000 employees

AccuWeather – year-end bonuses to all employees. (Approx. 450 – 500 employees)

Advance Financial – increase in 401(k) match; increase in profit sharing; increase in charitable donations. 

Aflac – increase 401(k) match from 50% to 100% on the first 4% of compensation plus one-time $500 contribution to every employee’s 401(k); $250 million increase in overall U.S. investment.

Anfinson Farm Store (Cushing, Iowa) -- $1,000 bonuses and 5% pay raises for employees

AT&T -- $1,000 bonuses to 200,000 employees; $1 billion increase in capital expenditures.

Alaska Airlines -- $1,000 bonuses for 22,000 employees

American Airlines -- $1,000 bonuses for every employee (excluding officers). The bonuses will total $130 million. AA had 127,600 employees as of Sept. 2017.

American Bank – $1,000 bonuses for 60 employees

American Savings Bank – $1,000 bonuses to 1,150 employees; base wage increase from $12.21 to $15.25

Americacollect – $300 - $500 bonuses for 250 employees

Aquesta Financial Holdings -- $1,000 bonuses to 95 employees; base wage hike to $15 per hour

Associated Bank – $500 employee bonuses (exact number receiving bonus unknown at this time); base wage will rise from $10 to $15 per hour

Atlas Air Worldwide -- $1,000 bonuses to 3,100 employees

Ball Ventures – $100 bonuses for every year of employment

Baltimore Gas & Electric – the utility is passing on $82 million worth of tax savings, resulting in lower gas and electric bills for customers

BancorpSouth Bank – pay raises for over 70 percent of employees; $1,000 bonuses for nearly 20 percent of employees

Bank of America -- $1,000 bonuses to 145,000 U.S. employees

Bank of Colorado -- $1,000 bonuses to all full time employees

Bank of Hawaii – $1,000 bonuses to 2,074 employees; base wage increase from $12 to $15

Bank of the James – raised base wage to $15 per hour for employees with more than one year of service

Bank of the Ozarks – Bonuses of up to $1,200 for 2,300 employees

BB&T – $1,200 bonuses for 27,000 employees; base wage will rise from $12 to $15 per hour; $100 million in charitable donations

Boeing -- $100 million in charitable donations; $100 million for workforce development; $100 million for infrastructure and facilities

Canary LLC – due to tax reform, the company will hire more employees and increase capital spending.

Capital One – Capitol One is raising the base wage to $15 per hour for U.S. employees. The news was announced to associates on Tuesday January 9, 2018.

Carl Black Automotive Group – bonuses to over 500 employees

Central Bank of St. Louis – Bonuses to 2,500 employees: $1,000 bonuses for full time employees; $500 bonuses for part time employees

Central Pacific Bank – all 850 employees will receive $1,000 bonuses; base wage will rise from $12 to $15.25

Charlie Bravo Aviation -- $1,000 bonuses to all six employees

Charlotte Pipe and Foundry Company -- $1,000 bonuses for all 1,400 employees

Citizens Financial Group -- $1,000 bonuses for 12,500 employees and $10 million for charitable donations

Colling Pest Solutions – employee bonuses

Comcast -- $1,000 bonuses to 100,000 employees; at least $50 billion investment in infrastructure in next five years

Comerica Bank -- $1,000 to 4,500 non-officer employees; base wage increase to $15 per hour

Commerce Bank – 3,450 employees will receive bonuses -- $1,000 for full time employees and $250 for part time employees; $25 million in charitable donations

Community Trust Bancorp -- $1,000 bonuses for full time employees and $500 bonuses for part-time employees

Copperleaf Assisted Living – $200 - $600 bonuses for 175 employees

Cornerstone Holdings – employee bonuses

Dayton T. Brown Inc. -- $400 bonuses for each of the 210 employees

Delaware Supermarkets Inc. -- $150 extra bonuses to 1,000 non-management personnel.

DePatco, Inc. – employee bonuses

Dime Community Bancshares, Inc. -- $1,000 bonuses for non-executive employees

Eagle Ridge Ranch – employee bonuses

EastIdahoNews.com – employee bonuses

Elite Roofing Systems (Idaho) – employee bonuses

Elite Clinical Trials, Inc. – employee bonuses

Emkay, Inc. -- $1,000 bonuses for 150 employees

Ennis, Inc. -- $500 bonuses to 2,200 non-management employees

Express Employment Professionals -- $2,000 bonuses to more than 200 non-executive employees

Fifth Third Bancorp – $1,000 bonuses for 13,500 employees; base wage will rise to $15

FirstCapital Bank of Texas – $500 bonuses to 197 employees

First Farmers Bank & Trust – minimum bonus of $750 to each full time employee; base wage will rise by $2.50 per hour

First Financial Northwest, Inc. – $1,000 bonuses to all 138 non-executive employees

First Hawaiian Bank – $1,500 bonuses to 2,264 employees; base wage increase to $15

First Horizon National Corp. – $1,000 bonuses to 4,000 employees

Flemington Car & Truck Family of Brands -- $500 employee bonuses

Fort Ranch – employee bonuses

Gardner Company – employee bonuses

Gate City Bank -- $1,000 hand-delivered bonus checks to 538 non-management personnel; $500,000 higher charitable giving; $500,000 worth of free home appraisals.

GetFoundFirst.com – employee bonuses

Great Southern Bancorp, Inc. -- 1,200 employees to receive a bonus: full time employees receive $1,000 and part time employees receive $500

HarborOne Bank – $500 bonuses to 600 bank employees; base wage raised to $15 per hour

Hartford Financial Services Group Inc. -- $1,000 bonuses for employees making less than $75,000 per year. This amounts to 9,500 employees.

Hawaii National Bank -- $1,000 bonuses

IAT Insurance Group -- $3,000 bonuses for 685 non-executive employees

INB Bank -- $500 bonuses to 200 employees. The bonuses will exclude the Senior Management Team.  The base wage will be raised to $15 per hour

InUnison Inc. – employee bonuses

JetBlue – $1,000 bonus for all 21,000 employees

Jordan Winery -- $1,000 bonuses for all 85 employees

Kansas City Southern -- $1,000 bonuses. (Exact number receiving bonus unknown at this time; the company employs 6,485)

Kauai Cattle LLC – employee bonuses

Lawrence Paper Company -- $500 bonuses for all 300 employees; $5 million in new equipment and expansion at all three locations

Melaleuca – all 2,000 employees will receive a $100 bonus for each year they have worked at the company

Mid-AM Metal Forming – bonuses for 140 employees

Move It Or Lose It Moving LLC – employee bonuses

MusicNotes – 3% Salary increases for all employees

National Bank Holdings Corporation – $1,000 bonuses for employees making less than $50,000 (exact number receiving bonus unknown at this time)

Nationwide Insurance -- $1,000 bonuses to 29,000 employees; increased 401(k) matching contributions for 33,000 employees

Natural Guardian – employee bonuses

Navient – 98% of Navient’s 6,700 employees will receive a $1,000 bonus (approx. 6,566 bonus-eligible employees)

Nelnet -- $1,000 bonuses for 4,100 employees

Nephron Pharmaceuticals Corporation – 5% pay raises for employees

Northpoint Apartments – employee bonuses

OceanFirst Financial Corp. – base wage increase to $15 per hour

Ohnward Bancshares -- $1,000 bonuses for all 260 employees

Old Dominion Freight Line Inc. – $500 bonuses for all 22,000 employees

Pacific Power – the utility will pass along tax savings to customers

Pinnacle Bank -- $1,000 bonuses for 1,007 employees

Pioneer Credit Recovery – $1,000 bonuses for 800 employees

PNC Financial Services Group, Inc. -- $1,000 bonuses to 47,500 employees; an additional $1,500 in employee pension accounts; base wage hike to $15; $200 million charitable contribution

Regions Financial Corporation – base wage increase to $15 per hour; $40 million in charitable donations; $100 million in capital expenditures

Resident Construction LLC – employee bonuses

Riverbend Communications -- employee bonuses

Riverbend Management, Inc. – employee bonuses

Riverbend Ranch – employee bonuses

Riverbend Services – employee bonuses

Rocky Mountain Power – utility company will pass along tax savings to customers

Royal Hawaiian Heritage Jewelry – the company will open additional retail locations

Rush Enterprises – $1,000 bonuses for all 6,600 employees

Sheffer Corporation -- $1,000 bonuses for all 126 employees

Sinclair Broadcast Group -- $1,000 bonuses for 9,000 employees

Smith Chevrolet – employee bonuses

Smith Honda – employee bonuses

Smith RV – employee bonuses

South Point Hotel, Casino & Spa – doubling of bonuses for 2,300 employees

Southwest Airlines -- $1,000 bonuses for all 55,000 employees; $5 million additional charitable donations

Steel Design LLC – employee bonuses

Stifel Financial Corporation – $1,500 bonuses for 7,000 employees

Summit State Bank -- $2,000 bonuses for non-executive employees

SunTrust Banks, Inc. – base wage raise to $15 per hour; $50 million in additional community grants; merit pay raise; additional 401(k) contributions; etc.

TCF Financial Corporation -- $1,000 bonuses for full time employees; $500 bonuses for part time employees (exact number receiving bonus unknown at this time);

The Flood Insurance Agency -- $1,000 bonuses for 17 full time employees

The Travelers Companies, Inc. -- $1,000 bonuses for 14,000 employees; base wage raised to $15 per hour

Territorial Savings Bank -- $1,000 bonuses to 247 employees; base wage hike from $11.25 to $15.00 per hour

Texas Capital Bank – $1,000 bonuses for 900 employees

Tokio Marine HCC – $1,500 employee bonuses for 2,000 employees

Total System Services -- $1,000 bonuses for 11,500 employees

Turning Point Brands, Inc. -- $1,000 bonuses for 107 employees

Unity Bank – all 200 non-executive employees will receive a $750 bonus

U.S. Bancorp – $1,000 bonuses for 60,000 employees; base wage hike to $15 per hour; $150 million charitable contribution

Visa – significantly increased permanent contributions to employee 401(k) accounts

Wal-Mart – Base wage increase for all hourly employees to $11; bonuses of up to $1,000; expanded maternity and parental leave; $5,000 for adoption expenses

Washington Federal – according to a company statement, “all Washington Federal employees in good standing and earning less than $100,000 per year will receive a 5% increase on top of their normal merit increase.”

Waste Management, Inc. –  $2,000 bonuses to approximately 34,000 employees

Webster Financial -- $1,000 bonuses

Wells Fargo – raised base wage from $13.50 to $15.00 per hour; $400 million in charitable donations for 2018; $100 million increased capital investment over next three years

Western & Southern Financial Group -- $2,000 bonuses for full time employees; $1,000 for part time employees

Western Alliance Bancorporation – base pay raise of 7.5 percent for the lowest-paid 50% of employees; increased bonuses; increased 401(k) match; etc.

Willow Creek Woodworks – employee bonuses

Windsor Federal Savings – $250 bonus for all employees with the exception of upper management

Yancey Bros. -- $500 bonuses for 1,200 employees

Zions Bancorporation – pay raises for more than 40% of employees; $1,000 bonuses for nearly 80% of employees

 

Source: Americans for Tax Reform


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