It seems every day another company comes out with an announcement about employees receiving bonuses as a direct result of the the Trump tax plan passed in December. Inevitably, while I peruse the comments, some liberal bawks at the bonuses insisting that, after taxes, there is barely anything left. Of course, the employee still gets a nice amount of money, but to these liberals that simply is not enough.
House Minority Leader Nancy Pelosi, who predicted the GOP tax plan would be “Armageddon,” has referred to these measly $500-$2,500 bonuses and wage increases as merely “crumbs.” Of course, to Nancy Pelosi, who is worth an estimate $120 million, yes I suppose those bonuses do amount to crumbs. The thing is, Nancy, maybe you should stop and think about that before you talk. To average Americans, these are not crumbs at all. In fact, what you Pelosi calls “crumbs” actually pay the mortgage or the car payment.
Am I the only one that has noticed the GOP getting a little more bold in their retorts to liberals craziness? Perhaps President Trump is rubbing off on his party because lately they have been really serving it up to Democrats in a way we haven’t seen in a long time. The GOP is actually showing some creativity and guts in calling out the Democrats on their nuttiness. Whether it is tweets, ads, interviews or whatever, it seems the GOP has finally realized its voice.
Rep. Todd Rokita of Indiana has geniusly taken Nancy Pelosi’s idea of “crumbs” and turned it against her in new legislation he has introduced named “Creating Relief and Useful Middle-Class Benefits and Savings,” creating the acronym “Crumbs.” Clever, isn’t it?
H/T Fox News
A Republican lawmaker is set to unveil legislation that would make most bonuses given out as a result of President Trump’s tax reform plan tax-free — and took a jab at House Minority Leader Nancy Pelosi with the bill’s name.
Rep. Todd Rokita, R-Ind., has dubbed his bill the “Creating Relief and Useful Middle-Class Benefits and Savings” — or “CRUMBS” Act. Pelosi, D-Calif., famously referred to the bonuses as “crumbs” in criticizing the tax plan last month.
“Americans are receiving thousands of dollars in bonuses and more money in their paychecks thanks to President Trump’s tax reform, but out-of-touch Democratic leaders believe they only amount to crumbs,” Rokita said in a statement. “The CRUMBS Act will let Americans keep more of the money they receive as a result of President Trump’s tax reform, and allow them, not the government, to choose how best to spend their bonuses
Rokita’s bill would make bonuses received by workers in 2018 tax-free up to $2,500. Since tax reform was signed into law this past December, multiple companies have given out bonuses and pay raises in anticipation of increased tax savings.
According to a tally by Americans for Tax Reform, 346 companies have given workers bonuses or raises or increased contributions to employees’ 401(k). Those companies include AT&T, which gave $1,000 bonuses to 200,000 employees; automaker Fiat Chrysler, which gave at least 60,000 workers bonuses worth up to $2,000; and moving company U-Haul, where more than 28,000 full and part-time employees received bonuses ranging from $500 to $1,200.
Click here to see the compiled list of companies that have given employees bonuses, raises or 401k hikes because of the tax bill. The list expands all the time. There are also instructions on how to add news of your business passing on tax savings to employees!
Should this “CRUMBS” bill pass, liberals will have one less thing to moan about when these companies hand out their bonuses. Leave it to liberals to find the negative. They would be the same ones to complain about a bonus check because it would mean an extra trip to the bank. They just will never be happy. Give them a $1,000 bonus and they will complain it isn’t $2,000. It’s the liberal way.
Heaven forbid President Trump get any credit from the Democrats on his wildly successful tax plan. This month millions of people are seeing higher paychecks and realizing that the tax plan is having a positive impact on them personally. The MSM and left can scream all they want about how the tax plan is “Armageddon” but the American people are smart enough to see that Trump is WINNING and will continue to do so for the next 7 years!