CNN and MSNBC Having a Meltdown over the Passing of Tax Reform
If you have the time, checkout the fake news networks CNN and MSNBC. The headlines they are running today on December 20, 2017 – is “If Trump Fires Muller” it will start a constitutional crisis. There is hardly anything about the massive tax overhaul that was just passed, just doom and gloom. So sad…
Their other headlines were that the GOP Tax Plan was unpopular. I am sure that intelligent people noticed that not one democrat in the Senate voted for the overhaul that is 36 years in the making. CNN or MSNBC did not cover that AT&T and Boeing were rewarding their employees with cash bonuses due to the reduced taxes. Not only did they not cover that but they did not cover the Billion Dollars AT&T was going to invest into the country. The aerospace and defense company Boeing immediately announced $300 million in investments after the bill passed, with $100 million toward corporate giving including employee gift-match programs, $100 million toward workforce development, training and education and $100 million toward enhancing Boeing’s workplaces. Comcast, The Philadelphia-based telecom corporation said it would award $1,000 bonuses to more than 100,000 non-executive employees. In addition, Comcast (CMCSA) NBC Universal Chairman and CEO Brian L. Roberts said the company plans to spend more than $50 billion in the next five years on infrastructure investments that are expected to create “thousands of new direct and indirect jobs.” Fifth Third Bancorp said it would raise the minimum hourly wage for all employees to $15 per hour and dispense $1,000 bonuses for more than 13,500 workers. The company says tax reform was directly responsible for the initiatives. Wells Fargo & Company (WFC) said it would raise the minimum wage for its team members to $15 per hour and earmark $400 million for philanthropic initiatives in 2018. Some $100 million of that total will be committed to boosting small businesses, while $75 million will support neighborhood revitalization efforts. Information from Fox News Network.
These are all horrible things that the liberal Democrats did not want! There is more good news, the Standard Deduction Doubles and the Obamacare Penalty goes away. The removal of this penalty just signed the death warrant for Obamacare as well. We should see insurance rates on medical begin to drop.
People don’t understand how important it is dropping the Business tax from 35% to 21%. This is huge. This allows business to create jobs which generates revenue and taxes. It will also allows smaller businesses to be more competitive.
Yes, the Democrat cry babies will be sulking for a while over it.
I just want to them to remember this. Remember when you passed Obamacare? You passed a bill before you read it? You screwed over the American People and were all laughs and smiles. Well now you know how it feels. KMA.
By the way I forgot to mention Rosanne Bar offered 2 Million Dollars each to Republican Senators if they did not vote for the Tax Overhaul. Isn’t bribery illegal or is this just the standard way of Democrats doing business? Food for thought.
Well, I guess the Conservatives pooped all over the Democrat’s Christmas. I sure they will be so sad when they don’t have to pay as much in income taxes anymore. And the people who don’t pay into the system but get tax refunds. So sad that too is going away. The dissolution of the Nanny State is coming soon (well except for California.) They will find another way to hand out more money and tax the people who live here. They better watch out though. If California hasn’t recognized that people are looking at Nevada, Idaho, Utah, Kentucky and Texas as a better way of life – they better think twice. It’s tax base may be moving.