List of companies trying to cover for GOP and Trump by handing out one time bonuses.

[Kablooie]

Several companies are publicly handing out one time bonuses or slightly adjusting hourly pay in an attempt to support Trump and make the new tax law appear reasonable.
It is a sure sign that these are part of the greedy cabal who support Trump in order to grab more for themselves at the expense of the rest of us.

Here are some that I have found:

AT&T
Comcast
Boeing
Wells Fargo
Sinclair Broadcasting
Fifth Third Bancorp
Bank of America

Feel free to add more as they emerge.

[Wellstone ruled]

1. All facing regulatory rulings

regarding their business operations. Mergers and fines.

[underpants]

2. Let's see, AT&T and Sinclair are in the midst of mergers/ buy outs. And Wells Fargo is facing fines

For opening all the fake accounts.

Boeing and Fifth Thirs I'm not sure about

Comcast just sucks. Their brand is so bad they put Xfinity on their trucks and many other places their actual name would normally be. Oh and they are increasing rates starting next week.

[DBoon]

12. Comcast benefits from the repeal of net neutrality

The bonus is a thank you for this

[Initech]

3. And the brainwashed deplorables are cheerleading this.

I saw one yesterday that said this and it said "Oh large companies are supporting their workers. Democrats don't support working families."

Ok let's think about it - you get a thousand dollars. Your boss gets several hundred million. And he's the one who gets the tax write off.

We want to reverse that. Who's supporting working families again?

[erpowers]

18. You Get a Thousand Dollars

You get a thousand dollars, but then you lose Medicare, Medicaid, Social Security, healthcare, and possibly most of your 401 (k). Oh, and by the way your children will have to pay for the debt that is brought on by this tax bill. Oh, and by the way their is a chance that after you have had your Medicare, Medicaid, Social Security, healthcare, and possibly most of your 401 (k) taken from you and your kids have had to figure out how to pay the debt, that your tax cut will, in a few years, turn into a tax increase. Oh, and by the way your boss' tax cut is permanent and paid for by your tax cut not being permanent and you giving up multiple things. Oh, and by the way your company made nearly $200 billion last year. So, your and your co-workers' bonuses are less than 1% of what your company made last year.

I was thinking that this tax bill makes me think of a cadence I used to hear and sing when I was in Navy JROTC. The cadence went: "They say that in the Navy the pay is might fine. They give you a dollar and take back 99 cents." I also thought the tax bill seems worse than what is described in that cadence. At least the Navy was leaving you with a penny. This tax bill is giving you an dollar and taking back one million dollars. At least with the Navy you had a positive net worth. With this tax bill you are in debt.

[Initech]

19. Yup - it's a pyramid scheme.

I'm starting to think the only difference between the Koch Bros and Bernie Madoff is that Bernie was stupid enough to get caught. These soulless assholes are just bribing their way out of this.

[The Velveteen Ocelot]

4. Many companies give Christmas bonuses every year

and would have done it regardless. They're just claiming the tax fuck caused them to do it.

[jimlup]

5. These are the modern "LORDS"

We are their serfs

[B2G]

6. Wells Fargo is not giving bonuses.

They are raising the minimum pay rate from $13.50 and hour to $15.00.

This equates to an approximate $3K annual raise in pay for full time employees.

[sofa king]

7. Keep this list, Kablooie!

I think that within two years you'll be able to compare it against a list corporations that have laid off the most Americans.

It will be the same list.

[eleny]

8. Randi Rhodes was talking about this on her podcast yesterday

She elaborated on how some of these companies have issues before the administration such as mergers that need approval or contracts for goods. So buttering up Trump is a strategy to secure their agendas.

[byronius]

9. That was a great show. And every company that does this needs to suffer consequences.

Aiding and abetting the Russian attack is, at the very least, being an accessory to treason.

[matt819]

10. Employees are morons

Will they do some calculations?

One of these companies was reported this morning as paying $1,000 in bonuses to 145,000 employees. That's $145 million in cash lying around ready to be paid out in a one-time bonus. Which, by the way, will be taxed according to the current tax rate.

If they have $145 million in the bank to pay out these bonuses, how much more do that have in the bank? And how much of that is in the US and how much parked in overseas tax havens? Check out their annual reports. If there's $145 million, there's certainly more. And that's just one of those companies. So you have to ask some questions. Could the companies have increased salaries for their middle class workers last year, the year before that, the year before that? While that money was parked in the bank (or abroad), how did the shareholders do? Did the bottom line returns to the shareholders return more than the equivalent of a one-time $1,000 bonus? In other words, by parking that money, i.e., not investing in their employees, did investors earn more than $145 million? Did executives take home more than $145 million?

Meanwhile, I would bet that the companies and their executives are going to save well over than $145 million next year and beyond. Basically, these American companies are treating their employees as chumps, and they're eating it up. And what happens next December? This: Please, sir, I want some more. The response?" Fuck off.

[Bengus81]

11. A bonus so the boss can say...YOU received a bonus and you want a raise too??

So...after no raise for the last 5-10 years you STILL won't get one but you'll get 49 cents additional per hour,for only ONE YEAR. Meanwhile the massive tax cut give away for this same Corporation goes until the sun burns out.

[underthematrix]

13. We have Comcast and I would love to get rid of it but my husband needs convincing

I bank at a credit union

I don't watch any local news about Trump. When they go there, I change the channel.

[No Vested Interest]

15. I agree with changing channel anytime Trump or his apologists come on air.

Jeannine Pirro has especially been out front and center recently.
I guess other Fox personnel have been on vacation, so she must be substituting for some.
She is such a loud-mouth.
I wouldn't want to watch her even if she was on the Dem side.

[No Vested Interest]

14. Re one-time Trump bonuses: Let's start taking names!

I've made it a practice to avoid Republican-supporting businesses when and where possible.
I would avoid Wells Fargo like the plague - they've been noticeably corrupt for a long time.

Unfortunately Fifth Third Bank is too much in my life, due to its huge presence in my area.

[Irish_Dem]

16. Part of the con job. Wave some money around so the mark is impressed. nt

[LiberalFighter]

17. Why aren't smaller companies doing the same thing?

How about Papa John Pizza?

[procon]

20. A bonus is not the same thing as a pay raise.

Workers still can't go to the bank and apply for a loan to buy a car or a house, or get a higher credit rating based on a modest one time bonus. The only thing that will make a dent in the growing wealth inequality gap is significant wage increases.

Corporate taxes dropped from 35 percent to 20 percent -- permanently -- so why aren't workers getting a comparable 15% pay raise???

[Kablooie]

22. A bonus is better than a pay raise.

Because you only pay taxes on it once.

[procon]

24. I laugh, but I know rightwingers who would actually believe that. nt

[TheBlackAdder]

25. A pay raise also slowly pyramids one's income, each year adding more to household income.

Bonuses can come an go depending on the available funds and business prosperity.

[pnwmom]

21. Most of them probably routinely give out annual bonuses. I know Boeing does. n/t

[pnwmom]

23. The AT&T bonus had been previously negotiated by the UNION. They asked for the $4K promised

by pushers of the tax bill, and got $1K.

https://www.thedailybeast.com/atandt-credits-trump-for-bonus-its-union-already-negotiated

AT&’s announcement comes one week after the company reached a new contract agreement with its workers. The contract came after a year of pressure from the workers’ union, Communication Workers of America. But in the past month, CWA also pushed AT&T to add bonuses based on the GOP’s promises of middle class prosperity under the tax bill.

“Republicans, including the president, said the average household would get $4,000 under this tax plan,” CWA spokesperson Candice Johnson told The Daily Beast. Last month, CWA representatives began contacting AT&T, asking the company to give workers that $4,000 raise.