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SenSchumer's profile
Chuck Schumer
Chuck Schumer
Chuck Schumer
Verified account
@SenSchumer

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Chuck SchumerVerified account

@SenSchumer

Official account of Senator Chuck Schumer - New York’s Senator RT≠endorsement

New York, NY
schumer.senate.gov
Joined November 2008

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    1. Chuck Schumer‏Verified account @SenSchumer Mar 5

      Over and over, we’ve heard the GOP mantra that the #GOPTaxScam was aimed at giving working Americans a boost. And yet, when you look at the actual policy, the lion’s share of the tax cuts is going to corporations.

      222 replies 212 retweets 567 likes
      Show this thread
      Chuck Schumer‏Verified account @SenSchumer Mar 5

      Instead of giving workers major wage increases, hiring new workers or investing in new equipment and research, the most popular use of the savings from the #GOPTaxScam for corporations is corporate share buybacks.https://www.usatoday.com/story/opinion/2018/03/05/corporate-america-invites-backlash-editorials-debates/388436002/ …

      2:49 PM - 5 Mar 2018
      • 60 Retweets
      • 108 Likes
      • Chameleon1 Eliot Huggins American Lurker Fred Hoyle Heidemarie Smith Geostomp X Mikki MORGAN Christian Greco Nancy Maxwell
      19 replies 60 retweets 108 likes
        1. New conversation
        2. Chuck Schumer‏Verified account @SenSchumer Mar 5

          "The tax bill was sold as a way to create jobs and boost stagnant wages. So far, at least, corporations have been showing more concern about shareholders than about employees or the economy as a whole."

          43 replies 101 retweets 295 likes
          Show this thread
        3. Chuck Schumer‏Verified account @SenSchumer Mar 5

          The problem is, share buybacks don’t really help workers. They don’t directly help grow the economy. They’re a quick way for big corporations to take more of their stock off the market, raising the value of the shares. Who benefits? Take a look: #GOPTaxScampic.twitter.com/O6vv4cahxx

          64 replies 131 retweets 276 likes
          Show this thread
        4. End of conversation
        1. Robert Jonas‏ @rjonas979 Mar 6
          Replying to @SenSchumer

          Whiny Chuck .Get on board

          0 replies 0 retweets 0 likes
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        1. Jackie Warren  🍁 🍁 🇺🇸‏ @warrenkylady Mar 6
          Replying to @SenSchumer

          Retire you are useless

          0 replies 0 retweets 0 likes
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        1. Lady Patriot‏ @lynn_weiser Mar 6
          Replying to @SenSchumer

          You do realize that even this "small" raise is the first one many Americans have seen in at least a decade?

          0 replies 0 retweets 0 likes
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        1. maria luisa tasayco‏ @luisa_tasayco Mar 5
          Replying to @SenSchumer

          .@SenSchumer #WorkingFamilies don’t want #WallStDeregulation-Ur silence on S.2155 is worrisome-S.2155 drills a tiny hole 2 deregulate biggest banks that got #2008TaxpayerBailout while alluding help 4 small banks! @SenateDems https://nyti.ms/2D21kKo 

          0 replies 0 retweets 0 likes
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        1. Ed A‏ @wicho1949 Mar 5
          Replying to @SenSchumer

          What , you're not looking at the jobs report that's been looking positive? Or maybe how people are finally feeling more positive about what they're doing. Jobs coming back to America. You're such nut.

          0 replies 0 retweets 0 likes
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        1. Credit Card Gamer‏ @ClifSoCal Mar 5
          Replying to @SenSchumer

          How much have you accepted in donations from " Government Sachs" employees? Hypocrite.

          0 replies 0 retweets 0 likes
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        1. Chopper‏ @ChoppersLounge Mar 5
          Replying to @SenSchumer

          Have you looked at the jobs numbers lately? 4.1% & Wages will naturally rise as the market becomes tighter. You Stink as ECONOMIST! Continue you Obfuscation.. You'll get voted out soon enough! #MAGA #MAGA2018 #MAGA2020 @GOP @POTUS

          0 replies 0 retweets 0 likes
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        1. Marc Edward Young‏ @marceyoung Mar 5
          Replying to @SenSchumer

          It's frustrating that this is news. I'm a retired exec at a Fortune 500 company. Most workers don't know what a stock buy back means. Please tell them. I'm not known, please explain what this means.

          0 replies 0 retweets 0 likes
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        1. New conversation
        2. curtis hopkins‏ @hopkinscurtis Mar 5
          Replying to @SenSchumer

          So, if my 401k fund mgr had the smarts to buy stock in one of the companies that are now paying premiums to buy back it's stock, am I not reaping a financial benefit?

          1 reply 0 retweets 0 likes
        3. Gordon Garland‏ @Garland2018 Mar 5
          Replying to @hopkinscurtis @SenSchumer

          Corps don't pay a premium to buyback their stock. Most are currently buying back their shares to reduce dilution caused by their stock incentive plans. The real issue is that the top 10% of wealthiest American households own 84% of the stock. So vast majority going to wealthiest.

          0 replies 0 retweets 0 likes
        4. End of conversation
        1. Dammit Bobby‏ @irishpilot17 Mar 5
          Replying to @SenSchumer

          You're so economically dumb, or just a liar playing politics. Maybe it's both.

          0 replies 0 retweets 0 likes
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