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Economy

DEMOCRAT DELUSION: Trump THANKS Dems for Bill to REPEAL Tax Cuts

posted by Hannity Staff - 5.29.18

President Trump ironically thanked liberal legislators during the holiday weekend, saying their pledge to repeal the GOP tax cuts is “too good to be true” for Republicans heading into the 2018 midterm elections.

The President praised the lawmakers on social media just days after Democratic Congressman Jared Polis introduced legislation to repeal the GOP-sponsored cuts, saying the new bill would help bolster the GOP in their struggle to retain control of Congress.

“A Democratic lawmaker just introduced a bill to Repeal the GOP Tax Cuts (no chance). This is too good to be true for Republicans…Remember, the Nancy Pelosi Dems are also weak on Crime, the Border and want to be gentle and kind to MS-13 gang members…not good!” Trump tweeted.

The Colorado Representative unveiled his legislation days ago, saying he wrote the bill to stop the President’s “tax giveaways” to wealthy Americans and large corporations; adding “Simple choice this election: President and GOP lose by cozying up to corporate special interests. We win by standing up for students, public schools, and families.”

ARMAGEDDON CONTINUES: Chipotle Announces BIG BONUSES, MORE BENEFITS after GOP Tax Cuts

posted by Hannity Staff - 2.08.18

Nancy Pelosi and Chuck Schumer’s dire predictions of “doom and gloom” continued to unravel this week, with Mexican food giant Chipotle announcing big bonuses and expanded benefits for its workers in the aftermath of the GOP-led tax cuts.

Chipotle Mexican Grill announced the new policies Wednesday, saying the quick-service restaurant was “rolling out benefits” to all of its 71,000 employees; extending stock bonuses, cash payouts, as well as paid parental leave.

According to Fox Business, qualified hourly and full-time employees will receive a bonus of $1,000 with some eligible for stock bonuses and grants to buy-back into the corporation.

Chipotle cites the recently passed GOP tax cuts as a prime factor behind the revised compensation packages.

“Other offerings will include accelerated training programs, and additional paid parental leave for everyone, from hourly managers to salaried employees,” writes Fox. “The company also added life insurance and short-term disability insurance coverage for hourly restaurant managers.”

Chipotle joins a growing list of American-based corporations -such as AT&T, Disney, Starbucks, Walmart, Home Depot, UPS, Visa, and others- to pay out big bonuses and raise wages after President Trump signed the sweeping tax overhaul into law late last-year.

ARMAGEDDON CONTINUES: Pfizer to REINVEST BILLIONS in US Following GOP Tax Cuts

posted by Hannity Staff - 1.30.18

The liberal predictions of “doom and gloom” and “death and destruction” in the aftermath of the GOP tax cuts continued to evaporate on Tuesday, with pharmaceutical giant Pfizer announcing its plan to reinvest billions of dollars in the US economy following the sweeping tax legislation.

Pfizer now plans to repatriate tens of billions of dollars in profits back to the United States after the GOP plan slashed taxes on overseas holdings; finally allowing the New York-based corporation to bring those funds back to America.

“The drugmaker said Tuesday that it would pay $15 billion in so-called repatriation taxes over the next eight years to shift foreign earnings back to its home market. The exact amount the company plans to bring back was not immediately clear,” writes USA Today.

“The aspects of most importance to us were addressed in the new tax code, strengthening our ability to make capital allocation decisions that maximize patient benefit and enhance shareholder value,” said Pfizer’s Chief Financial Officer.

The announcement comes as other giant American-based companies -such as Walmart, AT&T, Disney, American Airlines, Starbucks, Home Depot, and more- unveil their plans to raise wages and pay big bonuses in the immediate aftermath of the GOP tax overhaul.

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