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Relative to the tax savings those companies will enjoy and the fact it's a one time payment instead of salary increase? IIRC Comcast will end up paying about $1
by southphillyman 9y ago
Relative to the tax savings those companies will enjoy and the fact it's a one time payment instead of salary increase? IIRC Comcast will end up paying about $150 million in bonuses which will only be a fraction of the first year tax savings for them.
If that's what this big hoopla ultimately amounts to then it will be highly disappointing. The fact that we are celebrating $1000 bonuses from corporations that have been enjoying record profits (for the most part) recently is disheartening. Something is better than nothing I guess.