Welcome to the TeamstersOnline.com.
Thanks Thanks:  0
LOL LOL:  0
Results 1 to 2 of 2
  1. #1
    Taking A Stand!!!

    Join Date
    Jul 2009
    Local Union
    492
    Employer
    ABF
    Location
    Albuquerque, NM
    Posts
    41,485
    Rep Power
    910

    Default Will a Corporate Tax Cut Lift Worker Pay? A Union Wants It in Writing

    The lack of pledges to create jobs has not been lost on President Trump’s top economic adviser, Gary D. Cohn, who seemed perplexed last week about the lack of corporate enthusiasm for a tax cut.

    At a Wall Street Journal conference, Mr. Cohn asked his audience of chief executives how many of them would invest more if the tax cut were passed. When only a few attendees raised their hands, Mr. Cohn asked: “Why aren’t the other hands up?”

    Labor groups are wondering the same thing — and are seizing on the administration’s economic analysis that the tax cut will translate into an extra $4,000 in take-home pay for workers.

    This week, the Communications Workers of America asked several companies that employ its members to promise to give workers a pay increase if the cut in the corporate tax rate goes through. The request, while unlikely to be heeded, highlights a critical question over who would benefit the most from the tax bill: shareholders or workers?

    “President Trump and the Republican Congress have been trying to sell this corporate tax cut to working families by making big claims about wage increases, investment and job growth that don’t seem to be supported by the evidence,” said Chris Shelton, the president of the union. “We’re going straight to the people who know how corporations plan to spend the billions of dollars being handed over to them — the C.E.O.s — and asking them if they intend to keep the promises that Trump is making on their behalf.”
    https://www.nytimes.com/2017/11/23/u...x-cut-pay.html

  2. #2
    Retired !

    Join Date
    Feb 2009
    Local Union
    107
    Employer
    Retired - New Penn
    Location
    South Jersey
    Posts
    16,502
    Rep Power
    359

    Default Re: Will a Corporate Tax Cut Lift Worker Pay? A Union Wants It in Writing

    They could put it in writing, problem is, they will change it later to suit their needs and desires.
    Even laws that are enacted are not safe as administrations change, and the politics ( big donors ) want something in exchange for their cash and influence.

    ERISA is a good example. Keep watering it down to the point it is now almost useless.

    If a politicians lips are moving, then he is lying.

  3. Likes ABFwife Liked this post
 

 

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •