It gives them more to work with in giving raises. With the chance to keep more of what they make companies have been scrambling to hire more and are paying more to retain employees. No, income isn't going up in a straight line like you think it ought to, but things are better for workers.
New Social Security bill
- Thread starter Jones
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Damn you hate being wrong.Try to make sense dip.
DriveInDriveOut
Inordinately Right
Nice deflection.
Damn you hate being wrong.
And when I am I'll admit, something you're incapable of.
DriveInDriveOut
Inordinately Right
You clearly just stated that if taxes were cut on businesses, it would not trickle down to employees.
Yet that's what you've been saying all over this forum in defense of tax cuts.
LarryBird
Well-Known Member
Uhhh, sure. I guess.
What would you like to know?
My personal life is off limits for the most part, outside of the fact that I've been employed by ups for 17 years, but I'll try to answer. I don't put personal things or pics on the web, don't and have never, had a Facebook or any type of social media platform, including twitter and the like.
LarryBird
Well-Known Member
Or it could be nothing.
There are no 100% guarantees in investing, even the safest investments carry risk.
And when they have more money better things happen. Tie their hands and workers suffer.
upsgrunt
Well-Known Member
If all that is what makes you "fairly intelligent", then I'm a friggin genius.
DriveInDriveOut
Inordinately Right
You said business tax cuts do not trickle down to employees.
You're just dodging because you got called out on your BS
LarryBird
Well-Known Member
Maybe. Maybe not.
But trickle down economics has been proven to be a sham. It just doesn't work that way when taken as a whole. You can't expect for profit entities to do the right thing by worker just because they're making huge profits. They are however, required to do the right thing by their shareholders.
I'm pretty sure most of the people here can agree with this when they look at our new contract and their pay stubs - despite ups earning record profits in the past decade, it has not trickled down to our paycheck.
LarryBird
Well-Known Member
But not so much on the reading comprehension side of things, eh?
LarryBird
Well-Known Member
Meaning, he hasn't asked any questions yet. I was just letting him know I won't delve too deep into personal matters and gave examples of how guarded I am with my personal life on the web.
I do not belong to the generation of oversharers, or maybe I do, but don't participate. Hard to tell.
No, SS is settled law that companies have to deal with. Lowering corporate taxes gave them more to work with. There are people who honestly think companies exist to provide them with a good paying job but the harsh reality is companies are motivated by profit. When conditions allow them to keep more of what they make then the employees who help them make it are suddenly worth more. If they don't pay better employees jump ship. Might not be as big an issue in a union shop like UPS, but say a warehouse worker making $14hr after 7 years hears that Amazon is now starting employees at $15hr. What do you think he's going to do? UPS just raised handler pay in Lenexa, KS to $13hr plus gives an attendance bonus. Think they would have done that if Amazon kept starting pay at $12?
Benben
Working on a new degree, Masters in BS Detecting!
But if you live to be 98 would you still have more?
The studies have been done on the Tax Cut and Job Act. The lions share of the money went to stock buy backs, Divi increases and upper management compensation packages! Jesus, just look at UPS! Drivers got a 1.9% raise in a 3% inflation economy and the divi was raised over 5%!!!!!
DriveInDriveOut
Inordinately Right
Yes.
DriveInDriveOut
Inordinately Right
You're back to saying cutting taxes on employers trickles down to employees.
You need to make up your mind friend.
Benben
Working on a new degree, Masters in BS Detecting!
Someone here quoted $7,000 per year to SS and Medicare. $7,000 a year for a 30 year career is about $200,000 to invest before ROI.
$2,000 a month SS check for 30 years is over $700,000.
DriveInDriveOut
Inordinately Right
And?
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