Just another wealth transfer scheme. Steal from the poor and give to the rich #Trumponomics
The White House promised ’70 percent’ of the tax cut would go to workers. It didn’t.
Over one thousand Amazon workers in Spain plan to stage their first strike with a two-day walkout to protest what unions claim are efforts to reduce employees’ rights, union Comisiones Obreras (CCOO) said on Tuesday.
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.
“Assuming a recent graduate from the University of Massachusetts in the nearby town of Dartmouth was hired by Amazon at the best possible wage on offer, $14.75, and was putting in a 30 hour work week, they would gross $21,600.”
Amazon’s new warehouses are part of the jobs boom. Here’s how much they pay.
Americans should not be forced to subsidize the low wages of companies that are making billions and stashing the profits offshore. Isn’t it time to demand real tax reform that doesn’t give corporations a free pass?
“We stand for a living wage. Wages are subnormal if they fail to provide a living for those who devote their time and energy to industrial occupations. The monetary equivalent of a living wage varies according to local conditions, but must include enough to secure the elements of a normal standard of living–a standard high enough to make morality possible, to provide for education and recreation, to care for immature members of the family, to maintain the family during periods of sickness, and to permit of reasonable saving for old age.”
– Theodore Roosevelt, National Progressive Party Convention, 1912