In response to the passing of the tax bill, companies like AT&T responded by announcing that they were presenting each of their more than 200,000 employees with a $1,000 bonus. That’s better than $200 million transferred directly to their employees.
Immediately, the Left pounced on the announcement to say, “Yeah, but it’s because if AT&T had handed out those bonuses after the first of the year, they would have paid $28 million more in taxes later!” So, you see, AT&T wasn’t really handing out this bonus out of the goodness of their hearts!
So, let me get this straight: President Trump incentivizes American companies to hand out money to their employees, and the Left is upset?!? I guess their claim that they support the little guy and the worker is all just a bunch of hooey!(1)
Look, it’s absolutely true that AT&T would pay something like $28 million more dollars in taxes if they’d were to dole out the $1,000 bonuses after January 1, but what the Democrats and the Left neglect to mention is that AT&T doesn’t have to pay out those bonuses at all. If they didn’t pay out the bonuses, AT&T would save themselves $200 million dollars.
Yes, AT&T is concerned with how they appear in the media, and yes, giving out $200 million in bonuses to every AT&T employee is loaded with great optics for the company, but also… the tax bill made it all possible!
Due to the new tax structure, AT&T is convinced that they can pay out massive bonuses and make money. Is that really supposed to be a bad thing? According to the Left, it is.
If the Democrats and the Left were actually sincere in their support for employees, if they weren’t simply lying to you and me, then they’d at least applaud this consequence of the tax bill (several other large companies announced the same kind of program) all over the place. Their blind hatred of Donald Trump, and their increasingly hard-left leadership prevent them from ever doing that though.
It’s not so much that Leftists are all half-wits and frauds, but their leadership do believe that you’re a half-wit. Or that you’re not paying attention. Or both.
(1) We’ve documented this fact hundreds of times, in hundreds of ways in these very pages!