BREAKING NEWS From Chuck Schumer…. UNBELIEVABLE

Sassy Liberty AMERICA’S FREEDOM FIGHTERS –

In an epic case of foot in mouth, Sen. Chuck “Chuckles the Clown” Schumer  (NY-D) publicly berated and attacked AT&T by name after Chuckles made a complete buffoon of himself by calling the corporate giant out. 

Apparently, Chuckles thought it would be a great idea to publicly berate the company for not passing along tax savings to its many employees immediately after the telecommunications giant vowed to do exactly that.

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Many companies including AT&T announced that the savings the companies will be reaping due to a significant reduction in the corporate tax structure that is a direct result of the passage of the sweeping Republican tax reform bill.  AT&T announced via a corporate statement on Wednesday morning that the company plans to give $1,000 special bonuses to more than 200,000 “union-represented, non-management and front-line managers” and invest an additional $1 billion in the U.S., citing the House and Senate passing the tax plan as the direct reason for doing so.

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Randall Stephenson, AT&T chairman and CEO said in a statement –

“Congress, working closely with the president, took a monumental step to bring taxes paid by U.S. businesses in line with the rest of the industrialized world. This tax reform will drive economic growth and create good-paying jobs. In fact, we will increase our U.S. investment and pay a special bonus to our U.S. employees.

Since 2012, AT&T has invested more in the United States than any other public company. Every $1 billion in capital invested in the telecom industry creates about 7,000 jobs for American workers, research shows.”

Simultaneously with that announcement, Chuckles decides to act like the clown he is with a prepared statement attacking AT&T for doing the very thing the telecom giant just announced that they would do in an effort to further leftist talking points with little substance or factual basis. His prepared speech attacked the notion of trickle-down economics, arguing that companies receiving tax breaks would merely pocket the difference.

 

Almost simultaneously with the AT&T announcement, Schumer gave a prepared speech attacking the notion of trickle-down economics and arguing that companies receiving tax breaks would just pocket the difference.

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Chuckles the Clown states –

“I love the example of AT&T  over the last ten years, AT&T has paid an average tax rate of eight percent a year. They have 80,000 fewer employees today than they had then. Tax breaks don’t lead to job creation. They lead to big CEO salaries and money for the very, very wealthy.”

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Funny but that seems to be the exact OPPOSITE of what is happening. Both Wells Fargo and Fifth Third Bank each separately announced that they will raise their minimum salary to $15.00 an hour.  Both companies also plan to distribute a $1,000 bonus to their employees. Boeing announced they will invest over $300 million in their workers and charities. Comcast will distribute $1,000 bonuses to over 100,000 employees and plans to invest over $50 billion into infrastructure over the next several years.

It certainly seems like Chuckles simply does not want the leftist gravy train to stop. President Trump took to social media as he often does to speak about the positive effects of the tax plan and the announcements that were coming in from corporations across the nation stating –

“The Tax Cuts are so large and so meaningful, and yet the Fake News is working overtime to follow the lead of their friends, the defeated Dems, and only demean. This is truly a case where the results will speak for themselves, starting very soon. Jobs, Jobs, Jobs!”

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Dean James III% AMERICA’S FREEDOM FIGHTERS

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