Schumer Slams AT&T For Not Helping Workers Just As Company Announces $1K Bonuses For 200K WorkersChris Menahan
Dec. 20, 2017
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From the Free Beacon:
Senate Minority Leader Chuck Schumer (D., N.Y.) on Wednesday attacked AT&T by name for not passing along tax savings to its employees immediately after the telecommunications giant announced that it would do just that.
[...]"I love the example of AT&T," he said. "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."Wells Fargo and Fifth Bank Bancorp both said Wednesday they're going to raise their minimum wage to $15 as a result of the tax bill passing. Fifth Bank said they'll also pay out $1,000 bonuses to around 13,500 employees.
Comcast also announced they'll pay out $1,000 bonuses to over 100,000 employees due to the tax bill and the repeal of net neutrality.
While it's true AT&T is looking to merge with Time Warner -- against the will of Trump's DOJ -- Trump is acting as a union boss on behalf of American workers to pressure these companies into giving higher pay.
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