AT&T Lays Off 1400 After Trump Tax Breaks
 

Will companies spend tax savings to create jobs? - Dec. 19, 2017

Trump's Tax Promises Undercut by CEO Plans to Help Investors - Bloomberg

How corporations will use their tax cut money - Washington Post

CEOs agree: Corporate tax cuts won't trickle down | TheHill


Attachment 73246

With Tax Reform, AT&T Plans to Increase U.S. Capital Spending $1 Billion and Provide $1,000 Special Bonus to more than 200,000 U.S. Employees


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with fewer employees

Cry boy cry.

Every economic indicator is off the charts. Keep searching for exceptions to the rule.


Lol

Cry boy cry

Any very large business is usually in the process of adding to, or subtracting from, its divisions. Those decisions are based on needs, technology changes, and other factors impacting the current economy and changing demands for products.

Oversimplification is merely a way to falsely present a story line that appears to support your case.




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They could have been gov subsidized and successful like Solyndra. Oh wait.........:confused:

Matthew Gardner, a senior fellow at the liberal Institute on Taxation and Economic Policy, said companies have been sitting on large cash holdings for years that easily could have gone to workers before the tax cuts. Chicago-based Boeing, for example, had $8.8 billion at the end of 2016.

“If these companies had wanted to make these investments in their workforce, they could have done it before now,” Gardner said. “They’re trying to make an unpopular tax bill a little less unpopular.” And they are only sharing a fraction of their bounty.

And now AT&T follows up the "big" announcement with layoffs. What a f@cking joke.

Why don't you explain what benefit their would be to companies that "sat" on their money...

Before you go down the "stupid trail" too far;
money deposited, less expenses = gross income.
Gross income less deductions = net income (the amount you are taxed on)
If boeing has 8.8 billion in cash, they were taxed on it the year it was deposited.
What the decision to invest that capitol does prove; is a lot of companies that had capitol, are now gaining confidence in the economy...must be a reflection of current verses prior President.
Too bad Obamma was too busy brown nosing the Clintons to make America great again!

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Before you show everyone how stupid you are, maybe you should take some courses in economics. Economics wizard, you are not. ATT hasn't invested any money they had sitting around. They waited for the handout from their republican politicians, in the form of huge tax cuts, from which they give a paltry amount to some of their workers, and then lay more workers off. And dopes like you think thats okay.

You can't read... Again, they paid tax on the 8.8 billion when they earned it.

AT&T is investing in their workforce, they could have kept all the money they earned, but they decided to spend SOME of it on employees.

Yes, I know it is not all of the 8.8 billion like you feel it should be. You don't feel anyone should get wealthy, unless all the employees get wealthy too...the liberial dream!

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You forgot to explain the benefit of sitting on the money...

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uh, that goes both ways.....oversimplification of Trumpsters saying that his "tax reform" and his "business" culture are equated with a positive economic picture, when we all know that it takes well more than a year for ANY president's actions to be seen positively or negatively in the economy.

Boy still failed to explain why he Cherry Picked one item and yet fail to address every single other economic indicator

You mean the economic indicators that have been going nothing but up...since Obama became POTUS?

Those indicators? :D


1. Only a financial idiot would think that if a company had a demand for their goods or services, that they would wait on some kind of tax break incentive...to hire those additional workers to increase their bottom line.

2. It would take that same level of idiocy to think that a company would automatically give a raise to its workers, if they were currently able to fill their positions adequately... with their current guidelines on remuneration.


Now there may be a few companies that will give a bonus (most likely NOT a pay raise, which is permanent) to try and obfuscate/avoid the criticism of what they're really going to do with that tax break...which is put it into shareholders and company officials pocket.

They will do this of course, by purchasing back their own stock so as to increase their stock price...of which all upper management's bonus pay is partially based.

Now the irony of this is the fact that I will be one of those that benefits greatly from this...through my numerous 401K's and stock holdings. I figure about next fall it will be time to reassess my portfolio however, because if history is any guide...this boom is ripe for busting within a year or so.

The truth of the matter is however, that since about 70% of our economy is consumer based and a much bigger and more fair/lasting impact could have been derived...by giving it directly to the low & middle class consumers.

Which of course, would have driven additional employment demand for most companies now selling more and would have stimulated the economy...in a much fairer and transparent method.

Instead, in one of the few times that Chump hasn't lied through his teeth...he was overheard telling his rich buddies that he just made them a lot richer.


"You all just got a lot richer," Trump tells friends, referencing tax overhaul - CBS News

And you dumfvck Trump cultists actually believed the trash he was spewing originally about the bill...was the truth :1rotfl:

You cultists do provide a national benefit however, in showing those that think Trump followers couldn't be any dumber or more naive...are dead wrong.

Heck, you're lowering that bar on almost a daily basis...so good job. :thumbup:




Deepest Sincere Wishes: :wave: