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A rather shortsighted way to look at things. How do you know this isn't just the tip of the iceberg? How do you know that they won't use that savings to further
by coolso 9y ago
A rather shortsighted way to look at things. How do you know this isn't just the tip of the iceberg? How do you know that they won't use that savings to further invest in the company which in turn could create thousands of new jobs? (EDIT: I just re-read the article, and it says in addition to the bonus, they'll be investing an additional $1B in the US in 2018, and that "Every $1 billion in capital invested in the telecom industry creates about 7,000 jobs for American workers, research shows.")
Also, what's with the negative outlook? I'll bet all 200K of those employees are pretty happy about that $1K bonus (on top of saving another $2K/yr in taxes, totaling an extra $3K+ in their pockets, over 10 years = $30K+).
The tax bill just passed and companies are already proving the naysayers wrong, and it seems like people are just trying to find every excuse as to why it's supposedly not actually a good thing that people are going to be able to keep thousands of bucks more every year. Talk about bah humbug!
- scarface74 9y agoThat's not how things work. With the almost 0% interest rate do you really think that if AT&T found a worthwhile capital investment they wouldn't do it regardless of the tax plan?