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Old January 11th, 2018, 04:20 PM   #1
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Tax Bill paying off!

Comcast, ATT, Boeing Announce Bonuses After Tax Bill Passes | Time
After tax bill, Walmart plans to increase minimum wage and give bonuses ? TheBlaze
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Old January 11th, 2018, 04:47 PM   #2
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For those of you who have never worked in the private sector.
This is the time of year when companies announce bonuses, if you check this time last year or the year before, most of the same companies were giving bonuses.
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Old January 11th, 2018, 09:52 PM   #3
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https://thinkprogress.org/companies-...-fdf07fdf90d2/
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Old January 12th, 2018, 03:26 AM   #4
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For those of you who have never worked in the private sector.
This is the time of year when companies announce bonuses, if you check this time last year or the year before, most of the same companies were giving bonuses.
Were they investing and raising their minimum wage, this will be YUUUUUUGE!
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Old January 12th, 2018, 03:38 AM   #5
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Were they investing and raising their minimum wage, this will be YUUUUUUGE!
The median family gets $20/week from the tax cut to start. Then it goes away.

That means half the people don't get that much.


How many people are going to notice an extra $20/week?
Maybe a few, how about after 6 months?
Will you notice after 6 months?
Oh wow, to think that just six months ago, I was getting $20 less each week.
Now I have money for that Round The World Cruise, the new car I've always wanted, we can add the family room we've been talking about, get that built in pool, finally we know where the money for junior's college is coming from....

Yeah, $20 is YUUUUUUGE ....
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Old January 12th, 2018, 07:50 AM   #6
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WalMart and Sam's Club are laying off employees and Sam's Club is closing stores.

Smoke and mirrors....
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Old January 12th, 2018, 07:57 AM   #7
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WalMart and Sam's Club are laying off employees and Sam's Club is closing stores.

Smoke and mirrors....
They do that every year. Closed over 100 in Jan 2016.
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Old January 12th, 2018, 10:01 AM   #8
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New benefits announced by WalMart they attribute directly to the Trump Tax Bill:

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But, broadly, associates in the U.S. will share in tax savings through:

A one-time bonus benefiting all eligible full and part-time hourly associates in the U.S. The amount of the bonus will be based on length of service, with associates with at least 20 years qualifying for $1,000. A discrete one-time charge will be taken in the fourth quarter of the current year to account for the bonus; qualification will be determined before the end of the month and payments will be paid as quickly as practical thereafter.

An increase in Walmart’s starting wage rate to $11 an hour, effective in the Feb. 17, 2018, pay cycle. The change is in addition to wage increases already planned for many U.S. markets in the coming fiscal year. The increase applies to all hourly associates in the U.S., including stores, Sam’s Clubs, eCommerce, logistics and Home Office.

An expanded parental and maternity leave policy, providing full-time hourly associates in the U.S. with 10 weeks of paid maternity leave and six weeks of paid parental leave. Salaried associates will also receive six weeks of paid parental leave.

Walmart will provide financial assistance to associates adopting a child. The adoption benefit, available to both full-time hourly and salaried associates, will total $5,000 per child and may be used for expenses such as adoption agency fees, translation fees and legal or court costs
.
https://news.walmart.com/2018/01/11/...parental-leave
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Old January 12th, 2018, 10:20 AM   #9
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They do that every year. Closed over 100 in Jan 2016.
Link?
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Old January 12th, 2018, 11:05 AM   #10
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Link?
I was off a little. It was 269 stores.


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Walmart is closing 269 stores and laying off thousands of employees.

The move will affect more than 16,000 employees, including 10,000 in the US.
Walmart closing hundreds of stores - Business Insider
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