This afternoon, I also stopped by CVS Pharmacy in Macomb Township to talk about its prescription drug disposal program, and discuss the new programs for employees CVS implemented because of tax reform. (1/2)pic.twitter.com/eaZxu1qkFq
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The $1.5 trillion we added to the national debt was really shortsighted and not very smart.
Actually they did this because they couldn’t find anyone to work for them
So you managed to find one of the few companies that implemented a long-term benefit for their workers. But even CVS was mostly interested in bolstering their bottom line.
<<CVS says the cash benefits from the tax cuts will allow the company to “make strategic investments in 2018 to stimulate greater growth over the longer term, and our updated guidance reflects this,” CFO David Denton said. >>
<<“... Additionally, we will spend at least half of the benefits on debt reduction as we look to lower our leverage ratio.”>> - http://Forbes.com , 2/8/2018
And that health care premium freeze - will they make it up by a bigger increase next year? It’s ridiculous that your constituents need to rely on a company’s benevolence after a huge tax cut to catch a break on health insurance. If only you were in a position to do something.
Some #'s that only millionaires like you can relate to, Paul: CVS CEO, Larry Merlo's annual compensation $12.4 million; CVS 2017 revenue >$100 BILLION; CVS bought Aetna last year for $69 BILLION. (Isn't it nice they decided to give their employees a raise.....)
Ugh....I go to that CVS all the time, now I’m going to be reluctant to touch anything next time I’m therepic.twitter.com/7n9XSZFMkg
Froze healthcare premiums for a year? Wow that’s great. With their HUGE tax break they should also be able to slash the cost and freeze forever.
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