The big evil corporation I work for gave us all an extra vacation day, company stock, and are now matching our 401K contribution at 100%. All because of tax cuts. I spoke that's a bad thing, right?
Big banks were given huge, permanent corporate tax breaks. Wells Fargo got a $3.4 billion #GOPTaxScam boost, announced $22.6 billion in stock buybacks, and gave 46 Wisconsin workers pink slips. Here is my letter to Wells Fargo letting them know what I think about it.pic.twitter.com/9jhMLRejsm
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And at what point do you start considering that BREAKING THESE BANKS UP, might be in the public's best interest? I'll wait...
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Tammy, would you like speak to my mom—a Wisconsin worker—who was just hired by Wells Fargo? They’re still hiring.
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Thank you.
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We moved our business away from Wells Fargo.
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Thank you for fighting the good fight, Tammy. One can only hope that democracy prevails in the next election and you and your colleagues can introduce legislation to reign these awful banks back to the days where they worked FOR the people.
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Respectfully, stock buybacks are not the enemy. In fact, they benefit long term investors including individuals, retirees, employee stock ownership programs, charities and endowments. The root of the problem is the flawed tax law, not the companies who are simply reacting to it
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