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    CNBC Now‏Verified account @CNBCnow 20 Dec 2017

    JUST IN: Fifth Third Bancorp announces plan "to raise its minimum hourly wage for all employees to $15, and distribute a one-time bonus of $1,000 for more than 13,500 employees" following passage of tax bill.http://cnbc.com/id/104910079 

    1:00 PM - 20 Dec 2017
    • 4,576 Retweets
    • 6,219 Likes
    • Golan 🐸🔴🔥👨‍👩‍👧‍👦 ✈ Dan Thomas Tollen Sam MAGA Deplorable DL Wardley VoiceOfReason Dominic Teresa Dickson Dampier Raj Sasi
    539 replies 4,576 retweets 6,219 likes
      1. New conversation
      2. DJ Burn‏ @DJBurn77 20 Dec 2017
        Replying to @CNBCnow

        Republicans always inherit a good economy from the democrats then fuck it up with their tax give away to the rich. Dejavu America Dejavu http://www.soyouknow.info/blog/goptaxcut 

        119 replies 37 retweets 274 likes
      3. B.T. Samuel.‏ @JustBeaTee 20 Dec 2017
        Replying to @DJBurn77 @CNBCnow

        Obama's economy was the worst in modern presidency. His regulations were destructive. First hand experience.

        62 replies 33 retweets 496 likes
      4. DJ Burn‏ @DJBurn77 20 Dec 2017
        Replying to @JustBeaTee @CNBCnow

        What do you call Bush economy... are you that stupid?

        35 replies 2 retweets 167 likes
      5. Tweet unavailable
      6. WethePeople‏ @foust_co 20 Dec 2017

        Which a democrat congress passed

        4 replies 3 retweets 152 likes
      7. AC‏ @AC0040 20 Dec 2017
        Replying to @foust_co @DJBurn77 and

        It wasn't just the housing market, but the Republican-led #taxcuts in 2001, 2003 that contributed to a crashed economy.

        20 replies 8 retweets 73 likes
      8. Tweet unavailable
      9. AC‏ @AC0040 20 Dec 2017

        Tax cuts don't lead; or have not led; to job growth or wage increases. The unintended consequences of tax cuts can leave middle-class families with an increase in their taxes.

        32 replies 4 retweets 51 likes
      10. 10 more replies
      1. New conversation
      2. Simplecynts‏ @simplecynts 20 Dec 2017
        Replying to @CNBCnow

        Great. But that bonuse will be taxed at 40% and increase their taxes to pay from their income. Cool!

        23 replies 4 retweets 32 likes
      3. Matt Waters‏ @mattwwaters 20 Dec 2017
        Replying to @simplecynts @CNBCnow

        That's not how taxes work.

        6 replies 1 retweet 92 likes
      4. Simplecynts‏ @simplecynts 20 Dec 2017
        Replying to @mattwwaters @CNBCnow

        If my tax rate is 15% on my income and the bonus rate is what 25% what's that, 40% of my income being taxed? and if I am at that 15%-20% threshold, that bonus may put me in a higher tax bracket to 20%, then I may owe additional on my income. I am incorrect?

        15 replies 0 retweets 10 likes
      5. Tobias Holsman‏ @TobyHolsman 20 Dec 2017
        Replying to @simplecynts @mattwwaters @CNBCnow

        There's a lot incorrect here:

        1 reply 1 retweet 9 likes
      6. Tobias Holsman‏ @TobyHolsman 20 Dec 2017
        Replying to @TobyHolsman @simplecynts and

        The "bonus rate" applies only to the withholding, not the actual taxes owed. When you file your return, the bonus is part of your total income and taxed appropriately, so if your marginal rate was less than 25%, you'll get a refund for the difference.

        2 replies 3 retweets 12 likes
      7. Tobias Holsman‏ @TobyHolsman 20 Dec 2017
        Replying to @TobyHolsman @simplecynts and

        The 15% and 25% are not stacked.

        1 reply 1 retweet 12 likes
      8. Tobias Holsman‏ @TobyHolsman 20 Dec 2017
        Replying to @TobyHolsman @simplecynts and

        And "moving into a higher tax bracket" affects only the dollars above the bracket cutoff. The dollars below the cutoff are taxed at the lower rate.

        1 reply 1 retweet 10 likes
      9. Tobias Holsman‏ @TobyHolsman 20 Dec 2017
        Replying to @TobyHolsman @simplecynts and

        If you wound up owing the IRS at tax return time, it's probably because of a problem with your withholding. If you're not already making enough to be in the >25% bracket, a bonus should not increase your final tax % paid.

        3 replies 2 retweets 12 likes
      10. 1 more reply
      1. New conversation
      2. Pat Haley‏ @PatHaley380 20 Dec 2017
        Replying to @CNBCnow @exjon

        Well well well right on top of ATT announcement and the Trump train keeps on rolling making America Great Again !!

        12 replies 9 retweets 132 likes
      3. kerovon‏ @kerovon1 20 Dec 2017
        Replying to @PatHaley380 @CNBCnow @exjon

        The ATT announcement was mandated by union contract and made a week ago. The taxes had nothing to do with it.

        5 replies 5 retweets 50 likes
      4. Pat Haley‏ @PatHaley380 20 Dec 2017
        Replying to @kerovon1 @CNBCnow @exjon

        "following passage of the tax bill"

        3 replies 0 retweets 6 likes
      5. Where are the girls and Toddlers?‏ @Vladimir_Furdic 20 Dec 2017
        Replying to @PatHaley380 @kerovon1 and

        At &t can phrase it however they like, but the fact remains it was negotiated before today. Curious as to what percentage of their tax savings they are giving to employees. Wells Fargo announced a raise thing, costing 2 percent of thier tax savings.....

        1 reply 1 retweet 6 likes
      6. Pat Haley‏ @PatHaley380 20 Dec 2017
        Replying to @Vladimir_Furdic @kerovon1 and

        Might want to research a bit.... two are unrelated and seperate

        1 reply 0 retweets 3 likes
      7. Where are the girls and Toddlers?‏ @Vladimir_Furdic 20 Dec 2017
        Replying to @PatHaley380 @kerovon1 and

        https://thinkprogress.org/att-praises-tax-bill-c4bab31e1067/ …

        1 reply 0 retweets 0 likes
      8. Pat Haley‏ @PatHaley380 20 Dec 2017
        Replying to @Vladimir_Furdic @kerovon1 and

        "Think Progress"..... really ??? Go back and try again

        1 reply 0 retweets 0 likes
      9. Where are the girls and Toddlers?‏ @Vladimir_Furdic 20 Dec 2017
        Replying to @PatHaley380 @kerovon1 and

        It's got links to sources......

        2 replies 0 retweets 0 likes
      10. 2 more replies

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