Trump is on pace to win reelection. With the gimmicks of this tax deal, smoke and mirror moves like this, and failure of the media or democrats to gain any semblance of credibility – as of right now, Trump has a very good chance at reelection….
“It’s excellent PR after all the mantra across the aisle that it’s just a tax plan for the rich and for corporate America and for people who own stocks. … It’s a good PR move, giving back to the folks in the company.”
“It affects the psychology of the moment. Giving back to your workers. This was a major victory for corporate America,” she said of the tax cuts.
Expect a stampede of companies handing out bonuses, raising pay, spending on capital projects, and even giving to charities.
The “$1,000 bonuses” AT&T is bragging about has nothing to do with the tax bill. These $1,000 bonuses are being paid out due to union negotiations and contract provisions. Don’t believe the corporate spin, the unions won these bonuses, not Trump, not AT&T, not the GOP, or the tax bill.
Because they did such a good job managing the business….
Bankrupt toy retailer overcomes objections to get court approval of bonuses for CEO and other top executives.