Senators Demand Turkey Extradite Hamas Terrorists
Democrats Set the Standard for 'Unqualified'
We Might Have a Problem With Trump's Labor Secretary Nominee
Trump Makes His Pick for Treasury Secretary
Trump Clinches Another Win in Hush Money Case. How Some Libs Reacted.
The Proverbial Sacrificial Lamb
One of Trump’s Biggest Allies Says He’s Never Getting Into Politics Again
Joy Reid Spews Hate Toward Trump Supporters Once Again
America's National Debt Just Hit a New Record
The View Forced to Read Three Legal Notes Within Minutes of One Another...
Watch This ABC Reporter Goes on Massive Tangent Blaming Trump for Laken Riley's...
Guess Who Joe Biden Just Awarded the Highest Civilian Honor To
Are Teens Leaning More Conservative or Liberal? Here’s What a New Poll Is...
Here's What the DOJ Is Demanding of Google
Georgia Conducted a Hand Count Audit of Its Election Results. Guess What it...
Tipsheet

Pelosi: These Tax Reform Bonuses Are 'Insignificant'

Democrats are trying to downplay the bonuses employees are now enjoying thanks to the historic tax reform package Republicans passed last month. Major companies are awarding workers with salary increases and bonuses thanks to the slashed corporate tax rate, but Democrats say the good news should be welcomed with caution.

Advertisement

House Minority Leader Nancy Pelosi, who infamously called the tax law "Armaggedon," is now acknowledging the bonuses, but insists they are "insignificant" when you look at the bigger picture of how corporations unfairly benefitted from the bill.

“In terms of the bonus that corporate America received versus the crumbs they are giving to workers, to kind of put the schmooze is so pathetic, it’s so pathetic,” Pelosi said at a Capitol Hill press conference Thursday when asked about companies investing more in their workforce.

Pelosi explained where she was coming from by singling out one of the bonuses that is not that impressive because it was "already in a union contract."

Sen. Claire McCaskill (D-MO) and Sen. Chris Murphy (D-CT) were among the other liberal lawmakers who couldn't fully appreciate the positive consequences of a "make-rich-people-richer tax bill." 

Advertisement

Katie shared some more apocalyptic news Thursday. Walmart is going to be raising employees' wages, handing out more bonuses, and expanding paid maternal and parental leave thanks to...you guessed it.

Tax reform is expected to cut taxes for 80 percent of Americans, including 91 percent of the middle class. Meanwhile, companies who were eyeing overseas locations have suddenly decided to stay put.

Join the conversation as a VIP Member

Recommended

Trending on Townhall Videos

Advertisement
Advertisement
Advertisement