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GOP Trolls Pelosi unveils "The Crumbs Act" to make work bonuses tax free.

By Tenpoundbass following x   2018 Feb 14, 1:54pm 388 views   10 comments   watch   sfw   quote     share    


http://www.foxnews.com/politics/2018/02/13/gop-rep-unveils-crumbs-act-to-make-bonuses-tax-free-in-swipe-at-pelosi.html

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.
1   Tenpoundbass   ignore (10)   2018 Feb 14, 1:56pm   ↑ like (0)   ↓ dislike (0)   quote        

Dear Mother of Pearl,
Libs are so screwed, we've got so many English commenter presenters now. And as we all know they can be convincing because they sound like they know what they are talking about.
Two of them replaced Jon Stewart and Steven Colbert at CC.
2   Goran_K   ignore (1)   2018 Feb 14, 2:00pm   ↑ like (3)   ↓ dislike (2)   quote        

Tenpoundbass says
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.


Man, Democrats are straight up getting rect'd.
3   anonymous   ignore (null)   2018 Feb 14, 2:30pm   ↑ like (0)   ↓ dislike (1)   quote        

Awesome. Another bill to reward the 1%. I'm guessing all bonuses paid in 2018 will be "due to the Trump tax plan" so that all the executive bonuses will be tax free.

Keep voting Republican.
4   Goran_K   ignore (1)   2018 Feb 14, 2:31pm   ↑ like (3)   ↓ dislike (2)   quote        

anon_8f378 says
Another bill to reward the 1%


The 1% gets $2,500 bonuses?
5   HEYYOU   ignore (13)   2018 Feb 14, 2:44pm   ↑ like (0)   ↓ dislike (1)   quote        

There will be Republicans that will pay more taxes under The Republican Tax Increase Bill.

Too Complex?
6   bob2356   ignore (1)   2018 Feb 14, 2:53pm   ↑ like (1)   ↓ dislike (3)   quote        

Another deficit reduction effort from the party of fiscal responsibility.
7   anonymous   ignore (null)   2018 Feb 14, 3:51pm   ↑ like (0)   ↓ dislike (0)   quote        

Goran_K says

The 1% gets $2,500 bonuses?


Nope, typically they get much more. The first $2,500 will now be tax free though.
8   Goran_K   ignore (1)   2018 Feb 14, 4:45pm   ↑ like (2)   ↓ dislike (2)   quote        

anon_8f378 says
Nope, typically they get much more.


So how is this primarily helping the 1% as opposed to the tens of thousands of employees who just got $1,000 bonuses?
9   Tenpoundbass   ignore (10)   2018 Feb 14, 6:04pm   ↑ like (1)   ↓ dislike (0)   quote        

Goran_K says
anon_8f378 says
Another bill to reward the 1%


The 1% gets $2,500 bonuses?


Yup on Christmas eve I told my wife what I was told my YE Bonus would be. A week later she said it was about 2/3 of what I said, to call them and tell them there must be some mistake. I said there isn't a mistake. The Lord giveth and the Liberals sneak in at night make a sandwich watches porn on your computer, than takes your money away when they leave.
10   Sniper   ignore (11)   2018 Feb 14, 8:23pm   ↑ like (2)   ↓ dislike (0)   quote        

Goran_K says
So how is this primarily helping the 1% as opposed to the tens of thousands of employees who just got $1,000 bonuses?


Actually, it's more than tens of thousands.

Over 4 million Americans pocketing more cash and employee perks .

Thanks to more than 350 companies, more than 4 million Americans are receiving some combination of a wage boost, a one-time cash bonus payment of $1,000, higher pay or enhanced employee perks. That’s double the number from early January.

http://www.foxbusiness.com/politics/2018/02/13/tax-plan-over-4-million-americans-pocketing-more-cash-and-employee-perks.html?cmpid=edpick




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