Friday, September 20, 2019

The Dump/Repug tax plan finally paid our bonuses

Yeah, a whole penny on average in 2018. And who made out like the bandits they are? Corporations and the rich, exactly as planned. If you're still buying their lies and suffering as a result, please get some counseling now. Oh yeah, the want to remove that from your health coverage too.

“Data from the Bureau of Labor Statistics’ Employer Costs for Employee Compensation gives us a chance to look at workers’ bonuses in 2017 and 2018, to gauge the impact of the GOP’s Tax Cuts and Jobs Act of 2017. Last year, our analysis showed that bonuses rose by $0.02 between December 2017 and September 2018 (all calculations in this analysis are inflation-adjusted). The new data show that bonuses actually fell $0.22 between December 2017 and December 2018 and the average bonus for 2018 was just $0.01 higher than in 2017.”

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