Current Events > So are democrats really acting like a $1,000 bonus is worthless?

(+) Yeah! (+)

Before, they were claiming the tax cuts wouldn't benefit normal people. Well, not only are our checks going up, but big corporations are giving out $1,000 bonuses to their their regular employees.

For example, Disney is giving the bonuses to 125,000 workers.

http://time.com/money/5116168/disney-is-giving-some-of-its-employees-a-1000-bonus/

Sooo rather than taking the win and being happy for Americans, they are now acting like that's not enough, like it's a drop in the bucket, like it's crumbs?

http://www.washingtonexaminer.com/pelosi-wasserman-schultz-rip-1000-tax-reform-bonuses-crumb/article/2647049

Who's really the out of touch ones? A thousand free bucks to regular lower and middle class folks is a great thing. Why the fuck are these leaders working to undermine our nation and its people?
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they are just so angry that trump is gaining more voters
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The Democrats tell us that a thousand bucks is "crumbs" when in reality, that thousand bucks takes a significant chunk out of the increased health insurance costs the Democrats told us would actually go down.
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I mean, if we're talking about CE specifically we're talking about entitled people from the west coast so of course they don't understand how 1000 dollars helps normal people.

To them, you just need to move out of the "shit hole" that is the mid-west
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This is quite the echo chamber
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What a circlejerk this topic became.
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kek 1k isnt even a full PC
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1000 doesnt even pay a months rent in civilized society eg not the south and nowhere middle america
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$1000 is a one-time thing, it's nowhere near as permanent as a raise.
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Villain posted...

This is quite the echo chamber

"I have no idea how to spin having an additional $1000 being more terrible than receiving $0"

Renault posted...

1000 doesnt even pay a months rent in civilized society eg not the south and nowhere middle america

50Blessings posted...

I mean, if we're talking about CE specifically we're talking about entitled people from the west coast so of course they don't understand how 1000 dollars helps normal people.

To them, you just need to move out of the "shit hole" that is the mid-west

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Renault posted...

1000 doesnt even pay a months rent in civilized society eg not the south and nowhere middle america

Oh, well, shit, it's not enough to buy a car either! Fuck that, might as well not give anything!
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Also it's going to be taxed.

Also, it's in place of a wage increase which would pay out more in the long run.

Basically the supporters are being captivated by the shiny object in the room.
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lol poor people
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It's just people's views of "fair".

See, for example: https://en.wikipedia.org/wiki/Ultimatum_game

If you're the one who picks the split, you should take anything that isn't zero, but in real life simulations people choose to "punish" someone who doesn't give a reasonable split.

Getting $100m in new tax breaks and giving $1m of that to your employees and just pocketing the rest is viewed poorly when we could have had a system that gave $10m in tax breaks to that company and used the other $90m for programs people benefit from.
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Renault posted...

1000 doesnt even pay a months rent in civilized society eg not the south and nowhere middle america

Garioshi posted...

$1000 is a one-time thing, it's nowhere near as permanent as a raise.

This. These people won't be making much more money overall.
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It's not worthless, and anyone who says that is wrong (who is saying that?). But it's a one time thing, while the corporations are getting a permanent tax cut, and we're using the deficit to fund that. Plus any bonuses are going only to employees of corporations who happen to give them, which is a small fraction of all Americans. It would have been more efficient to use that deficit spending to just give everyone $1000.
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Its not that its worthless, its that it could and should be more when compared to the millions of savings the corporations are getting from the tax scam.
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They got permanent tax cuts and are giving a 1 time bonus. Let's see if more bonuses keep coming as long as the cuts are in effect for businesses.
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Bullet_Wing posted...

KazumaKiryu posted...

At least you two are honest about what you are
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$1000 might as well be $0
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Bullet_Wing posted...

glitteringfairy posted...

At least you two are honest about what you are

TC constantly makes these whiny topics, not me

Ah. I thought you were disagreeing that $1000 is a good thing
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I'm interested to see the reaction when people start getting bigger paychecks soon.
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ChainedRedone posted...

What a circlejerk this topic became.

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SK8T3R215 posted...

I'm interested to see the reaction when people start getting bigger paychecks soon.

We'll compare them to all those who got $0 because those same companies laid a bunch of people off.
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TC: hey boss can I have a one dollar raise
Boss: no but heres a quarter this one time
TC: ha I totally scored!
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For reference, a $1000 one-time bonus works out to just under a one-time 50 cent raise for a year. A $1/hour raise works out to $2080 a year, assuming 40 hours a week in both cases.

How much of that people actually see depends on how bonuses are taxed vs regular pay, and individual circumstance.
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Bullet_Wing posted...

booboy posted...

How much of that people actually see depends on how bonuses are taxed vs regular pay

IIRC bonuses are taxed as "supplemental income" regardless of your income, so you're looking at least 25% off the top.

Never had enough of a bonus in my life to count, so I wouldn't know.
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Bonuses I received at work always calculated the tax so I'd still get the amount of the bonus they claimed I would after taxes.
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Yeah a thousand dollars. That will pay like 1/50th of my medical bills.
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loafy013 posted...

SK8T3R215 posted...

I'm interested to see the reaction when people start getting bigger paychecks soon.

We'll compare them to all those who got $0 because those same companies laid a bunch of people off.

So they'll compare tens of millions of people to thousands?
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unless people use it to pay off debt or invest, its useless.

it will give a short time bump to the economy from consumerism.
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I think the argument would be let's say 2.5 million people get this bonus. That's about 1% of the population getting a grand.

So how much more are corporations saving on that vs what could help everyone. I'm for lower taxes and I think it will help corporations keep unemployment in check and prices down but to say 1% got a grand is a shitty argument.
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a lot of these bonuses are tied to length of employment, so the $1000 figure is on the high end of the spectrum

Bullet_Wing posted...

SK8T3R215 posted...

tens of millions

This sounds very high. How accurate is that?

I mean workers withholdings are gonna change due to the lower rates and I'm gonna make a bold assumption that the workforce has tens of millions of people in it, so that should increase take home pay for them.
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Garioshi posted...

$1000 is a one-time thing, it's nowhere near as permanent as a raise.

It literally goes with a raise.
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Renault posted...

1000 doesnt even pay a months rent in civilized society eg not the south and nowhere middle america

Hey, I feel like wiring you ten grand.

Wait, that doesn't even pay the yearly rent in civilized society? Oh, nevermind. I'm going to spend it on a third motorcycle instead.
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this argument just reminds me of that stimulus check thing from 2009 that republicans were bitching about constantly

Raikuro posted...

this argument just reminds me of that stimulus check thing from 2009 that republicans were bitching about constantly

Are these payments coming from the government?

DURRRRRR

If you're reminded of that.... you might be completely ignorant of what you're actually talking about.

And I use the word "might" very loosely. As in you are. Very much so.
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r4X0r posted...

Are these payments coming from the government?

We're talking about the value of a single bonus check currently being argued ITT, not where it's coming from. Please keep up.

The bonus is a nice gesture and I appreciate it, but I wish they would stop telling me $1000 since it won't actually be a $1000 bonus since they'll be taxing it.
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Raikuro posted...

We're talking about the value of a single bonus check currently being argued ITT, not where it's coming from. Please keep up.

Reread the OP, derp.