Southwest Airlines cheers tax reform, announces cash bonuses for all employees
 

MORE WINNING #MAGA

Tax reform legislation signed into law by President Trump prior to the holidays will result in a late Christmas present for Southwest Airlines employees.

Southwest?s Chairman and Chief Executive Officer Gary Kelly announced on Twitter Tuesday evening that every person who started working for Southwest Airlines prior to Dec. 31, 2017, will soon receive a $1,000 cash bonus on Jan. 8, 2018.

?We applaud Congress and the president for taking this action to pass legislation, which will result in meaningful corporate income tax reform for the transportation sector in general, and for Southwest Airlines, in particular,? Mr. Kelly said in a short video shared on Twitter. ?We are excited about the savings and additional capital, which we intend to put to work in several forms ? to reward our hard-working employees, to reinvest in our business, to reward our shareholders, and to keep our costs and fares low for our customers.?

I?m proud to report we are rewarding our Employees with a $1,000 bonus with the anticipated savings from the tax reform legislation, we are contributing an additional $5 million in charitable donations, and we are making investments in our fleet and our business. pic.twitter.com/h4GVqRrXzX

? Gary Kelly (@gary_kelly) January 2, 2018


#SouthwestAirlines began trending on the social media platform soon after the announcement.

?I am also proud to report that we have donated an incremental $5 million to charitable causes as a result of tax reform,? Mr. Kelly added. ?Throughout 2018, we will work with our charitable partnerships to put this money to work in the communities we serve and where our employees work and live.?


https://www.washingtontimes.com/news...gives-bonuses/

#maga !!

OneHungLo: You can't count.

US Companies just had taxes drop from 35% to 15%, and this will be ongoing.

What Southwest Airlines has done is give a "1 time bonus" to its employees. They didn't get a "raise".

A $1000 Bonus is worth what - 2 weeks worth of salary for the lowest-paid employee?
That bonus is equal to only 1% of their total yearly earnings if they are broom-pushers. This bonus is much less if they are any grade above that.

#MAGA? No dude. Workers just got fucked-over yet again.

Where does it say raise you dumb fuck. And since when does getting a 1000 dollar bonus equate to getting fucked over?

Clearly you havent been paying attention or your liberal hack news sources are not publishing these headlines;

Walmart giving $1K bonuses, minimum wage hike

Delta boosts outlook, cites tax reform benefits, shares jump

Campbell Soup CEO on tax reform: Will invest in our brands, pay down debt

Apple - The California-based tech giant gave employees below the senior level title of "director" bonuses worth $2,500.

BNY Mellon - Starting on March 1, Bank of New York Mellon Corp. will raise minimum wage to $15 per hour for roughly 1,000 of its 52,500 employees, the Wall Street Journal reported.


Boeing - The aerospace and defense company immediately announced $300 million in investments after the bill passed, with $100 million toward corporate giving including employee gift-match programs, $100 million toward workforce development, training and education and $100 million toward enhancing Boeing?s workplaces.


Comcast - The Philadelphia-based telecom corporation said it would award $1,000 bonuses to more than 100,000 non-executive employees. In addition, Comcast (CMCSA) NBC Universal Chairman and CEO Brian L. Roberts said the company plans to spend more than $50 billion in the next five years on infrastructure investments that are expected to create "thousands of new direct and indirect jobs."


Fifth Third Bancorp - The Cincinnati-based banking corporation said it would raise the minimum hourly wage for all employees to $15 per hour and dispense $1,000 bonuses for more than 13,500 workers. The company says tax reform was directly responsible for the initiatives.


JPMorgan Chase The country's largest bank said it will raise wages for roughly 22,000 workers to between $15 and $18 per hour. JPMorgan Chase (JPM) employees are also set to receive a $750 bonus this month.

JetBlue - The New York-based airline said on Jan. 4 that it would grant a $1,000 to each of its 21,000 crewmembers, with the exception of its CEO and other executives.

U.S. Bank - U.S. Bancorp, the parent company of U.S. Bank, is distributing $1,000 bonuses to roughly 60,000 of its employees and raising minimum wage for hourly workers to $15 per hour.

Verizon - The telecom giant Verizon (VZ) on Tuesday joined several major companies in rewarding employees with incentives tied to the passage of a GOP-backed tax reform bill.


The Walt Disney Co. More than 125,000 Disney employees will receive $1,000 cash bonuses, the company announced on Jan. 23. The bonuses will be dispersed in two payments, one in March and another in September. In addition, Disney invested $50 million in an education program to cover tuition payments for hourly employees.

Wells Fargo Wells Fargo & Company (WFC) said it would raise the minimum wage for its team members to $15 per hour and earmark $400 million for philanthropic initiatives in 2018. Some $100 million of that total will be committed to boosting small businesses, while $75 million will support neighborhood revitalization efforts.



^^ALL THANKS TO TRUMP

Canadian exchange rate?

https://marketrealist.com/2017/10/so...-debt-slightly

might want to stop reading the headlines and look at a few facts.


Also I do believe that SWA is not the only airline in America to suddenly get a tax break, so hopefully these airlines don't compete against one another, and that they paid down their 2.9 billion debt first, and are just not off loading accumulated income from the Obama economy. But then again why would you at 3% interest, just go in to more debt and do the 1999 party dance.

This is what adds to perfect storm.. "flat screen TV bonuses" which is the name given to the 1k hand out the Aussie government did to try and kick start the economy here, and the key fuck up in that, was there was no Government follow up with drumming into people if you don't buy local made products with this extra cash, you basically send most of it back to China.

USA looks like they are repeating it.

He did no say it said raise "dumb fuck". He pointed out that they did not get a raise but simply a one time small bonus. Also comparatively speaking, yes the employees got fucked over.

I think the issue is to these diehard trump fans is $1000 is the most incredible amount of money, certainly more than they have ever been able to save themselves and more than their whole family earns in a month.. Think Pakis and Ruskis..

if you just keep that in your head, then it all falls into place

AWESOME MAGANA!!!

Mark said "They didn't get a "raise"." I never said they did.

Can't you just give credit where credit is due? I mean, I know your the #2 American hater on here but even the #1 American hater crucifissio admitted he was wrong.

The major difference between crucifissio, OneHungLo, and Baldbastard when it comes to American politics, is I actually do pay tax in the USA and have big chunk of money invested there, and because I carry a lot of debt here in Aus, 1m +, American policy does directly effect my back pocket. I'm not concerned about my next paycheck from the USA or a one off bonus I'm in it for the long term benefit. And as far as long term investment goes.. every alarm bell in the book is going off.

I thought Trump might of done something for middle America, but you only need to read the farm boards online to see that's not happening, there getting ass burned, while his billionaire buddies get rich. The poor farmers are watching their export markets dry up before their eyes ( DIRECTLY because of Trumps policies ), and as I've tried to explain to you a few times, a country only makes money from exports, what ya sell amongst yourselves or hand out in cash bonuses matters squidgy fuck

I've lived here my whole life and ran a few adult sites with over 30k members @$29.95 for 20 yrs. I too pay/paid mucho taxes and have many investments here as well. In 8 years when Trump leaves office and everything is up up up will you comeback here and admit you were wrong?

Sure, and I'll be celebrating as well, I want nothing more than Amercia to do well, I just don't for the life of me see how that's going to happen with current leadership/ policy in the USA.

Exactly what I just said "dumb fuck". Your elevator seems not to reach the upper floors.

What?s wrong with you? He put raise in quotations like I said it. I never implied or said they got a raise. Now go fuck yourself off.

As I previously stated, your elevator does not reach the upper floors. He put it in quotations for emphasis only. But I do not care to continue pointing out that you are not the brightest person on the forum. At the least you are not a match for 2MuchMark.

There was no need for mark to say that. It was never implied anywhere on the original post.

If mark said "They never gave them 'stock options,'" I would have said "dumb fuck where did I say they gave them stock options"

I can't believe I'm arguing this on a message board at 3am. Adios.

so they got a one time iphone bonus but I wonder who is going to foot the bill for the reduced taxes? hmmmmmm who could it be?...lets see the cronies now pay less tax, so who is left? could it be the middle and lower class that just got that Iphone bonus? :1orglaugh:1orglaugh:1orglaugh

its such a great deal, I mean taxes for the rich reduced by 20% in perpetuity but the poor get an iphone

lolocopter, flying over a lolocoaster that is next to a lolcano :1orglaugh:1orglaugh:1orglaugh

You conveniently missed all the other companies raising wages. At least you admitted you were wrong. I respect that because most libs would never admit that. You will be wrong about the long term as well :thumbsup

And besides...how many blow jobs could $1000 usd get you in serbia?

only banks raised min wages to like $15/hour...how much does mcdonalds pay? 10$/hour? :1orglaugh:1orglaugh:1orglaugh

so who is going to foot the bill for the reduced taxes for the corporations? <---- this
dat tax money they do not have to pay now has to come from somewhere? <---this

could it be that the tab will have to be picked up by the same guys who got the $15/hour wage hike? or the one time iphone receivers?

http://forums.trinituner.com/upload/...olcano14ts.gif

:1orglaugh:1orglaugh

well played by them.. they took their windfall and gave it to the people who needed it.

Buy xbox people

Chumpanzees are so gullible.

Company tax rate here is 28.5%,

Min wage is $18.29 per hour, add on to that +25% is your casual, plus 4 weeks paid leave + 9.5% retirement,+++ Works out about $25 a hour for flip a burger/potwasher wage.

FREE healthcare, 5.4% Unemployment ( keep in mind unemployed get $501.00 per fortnight for single people, or $452.30 each for a couple )

Personal Taxes.
Under $18,201 NO TAX
$18,201– $37,000 19c for each $1 over $18,200
$37,001 - $80,000 $3,572 plus 32.5c for each $1 over $37,000
$80,001 - $180,000 $17,547 plus 37c for each $1 over $80,000
$180,001 and over* $54,547 plus 45c for every $1 over $180,000

As a business of course, Pay yourself 18100 a year, and everything else goes on the company creditcard ;)

Meanwhile, in **********'s native land:

Campbell Soup shuttering 87-year-old Toronto facility, 380 jobs to be impacted

Small potatoes, I know. But this is happening on a regular basis here. Manufacturing companies are leaving in droves. And it's likely to get worse.

Thanks **********.




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And maybe that's why Sydney is one of the most expensive cities in the world to live in. (14th out of 337 ranked major cities).

I have never been to Australia, seems like a cool place to be and i can speak Australian. Its on my bucket list :thumbsup

Did you read the article you linked to?

87 year old Toronto facility not worth updating because no ones buying soup like they used to, new place is being built but it will only require 200 staff not 600.

I think that's called technology more than anything.

have you ever tried Campbell's Soups? I suggest you do and then you will understand why this should of happened 86 years a go, certainly no place in a modern diet, have a bowl of salt and water hun.

That's not Sydney wages, that's the national award, and like every country sure the major city is expensive, but beyond that there's all sorts of towns, small cities and villages that are very reasonable to live in, Sydney, Moscow, NYC, London.. where ever big city big prices and wages. But wages wise they are covered by the same agreement, the minimum wage.

Yes, of course I read the article I linked to. Clearly you did not.

They are not getting a new place for production, but for corporate staff. All production is being moved to the US. Their production facility is not worth upgrading because the cost of manufacturing here is too high due to the cost of electricity, taxes and regulations.

And your opinion on the quality of their product is irrelevant.



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