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posted by janrinok on Friday February 23 2018, @06:53PM   Printer-friendly
from the had-our-fingers-crossed dept.

AlterNet reports

Disney Inadvertently Exposes Trump's Tax Cut for the Scam It's Been from the Start

When Donald Trump signed the Tax Cuts and Jobs Act into law, he touted the legislation as a financial boon for American labor. As recently as January, Trump pointed to $1,000 bonuses for employees that American Airlines, AT&T, and Disney have announced as proof corporations would reinvest the billions of dollars they stand to save in their respective workforces. But if the president has offered a vision of how tax cuts for multinational corporations might operate in theory, an unfair labor practice complaint filed Tuesday reveals how they work in practice.

According to the Orange County Register, Unite Here Local 11, a union representing 2,700 housekeepers and other low-wage workers, has accused the Walt Disney Co. of effectively holding its bonuses hostage to secure a more favorable bargaining agreement. Disney is refusing to release the one-time payments "notwithstanding the union's lack of objection", the statement reads. "[The company] has violated its duty to bargain in good faith, and has engaged in conduct that is inherently destructive to rights guaranteed employees under the [National Labor Relations] Act." (For Disney's part, a spokeswoman maintains the company has a "strong offer on the table".)

[...] Regulatory findings released last month indicate [CEO Bob] Iger earned $36.3 million in compensation for 2017, which is $7.6 million less than he made the year before. The average union member at Disney World is paid $10.71 an hour, while just 3,000 employees earn in excess of $15. Disneyland staffers make a fraction more, the beneficiaries of California's decision last month to raise its minimum wage from $10.50 to $11 an hour. Unite Here's latest filing follows a separate complaint by a coalition of unions representing 38,000 Disney World workers in Florida.


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  • (Score: 4, Insightful) by DutchUncle on Friday February 23 2018, @08:09PM (6 children)

    by DutchUncle (5370) on Friday February 23 2018, @08:09PM (#642599)

    >>>> . . . the next D president/congress will take the blame . . .

    which has pretty much been the playbook since I first started voting in 1976.

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  • (Score: 4, Informative) by Anonymous Coward on Friday February 23 2018, @10:44PM (5 children)

    by Anonymous Coward on Friday February 23 2018, @10:44PM (#642686)

    You hit the date on the nose.
    The same ideolog who pushed the fictitious Laffer curve came up with this notion.
    The Two Santa Claus Model [wikipedia.org]
    In addition to tax-and-spend Democrats, there were now borrow-and-spend Republicans who mounted up debts and, as soon as the Ds got power, the Rs squawked about those debts (which the Rs had run up).

    Video 7:06 [youtube.com]

    -- OriginalOwner_ [soylentnews.org]

    • (Score: 0) by Anonymous Coward on Friday February 23 2018, @11:28PM (4 children)

      by Anonymous Coward on Friday February 23 2018, @11:28PM (#642723)

      You mean the laffer curve which was designed to be 'progressive' and help the poor? Designed by a socialist.

      • (Score: 1, Informative) by Anonymous Coward on Saturday February 24 2018, @12:14AM (3 children)

        by Anonymous Coward on Saturday February 24 2018, @12:14AM (#642747)

        I'm torn whether to start by calling you a fool or calling you ignorant.
        I guess I'll just have to call you an ignorant fool.

        The Laffer Curve wasn't "designed" at all.
        It was a thought experiment, scribbled on a cocktail napkin.
        It used no database as a source of its "data points".

        Further, it only works when you start with marginal tax rates above 90 percent.
        The effect dissipates very rapidly after that.

        The slope of the curve is total nonsense.
        There has never been an example of "Trickle down" actually working.
        We have decades of evidence to the contrary.

        designed to be 'progressive' [...] Designed by a socialist

        I'm now going to go from calling you an ignorant fool to calling you a complete idiot.

        Arthur Laffer [wikipedia.org]
        School or tradition - Supply-side economics
        [...]
        gained prominence during the Reagan administration as a member of Reagan's Economic Policy Advisory Board

        ...and taxing Capitalists isn't a "Socialist" thing.
        Redistribution is a Liberal Democracy thing.
        N.B. Socialists want there to be no more Capitalists.
        Socialists seek a change in the ownership model WRT the means of production.

        Now, don't you feel totally foolish about giving your silly wrong-headed opinions and attempting to use words that you don't understand?

        -- OriginalOwner_ [soylentnews.org]

        • (Score: 2) by Arik on Saturday February 24 2018, @01:44AM (2 children)

          by Arik (4543) on Saturday February 24 2018, @01:44AM (#642809) Journal
          Not every swing was a total miss, well done, but I'm going to have to jump in here cause you're way too open.

          "...and taxing Capitalists isn't a "Socialist" thing.
          Redistribution is a Liberal Democracy thing."

          It's actually a both thing, to a degree, but with different justifications implying very different levels of implementation.

          Liberal democracy sanctions a relatively low level of redistribution in the name of stability, and argues that it is in the interest of those who are better off to voluntarily contribute more towards that project, as they have more to lose from instability.

          Socialism sanctions redistribution *in the name of justice* and favors levels as high as practically possible.

          --
          If laughter is the best medicine, who are the best doctors?
          • (Score: 0) by Anonymous Coward on Saturday February 24 2018, @03:33AM (1 child)

            by Anonymous Coward on Saturday February 24 2018, @03:33AM (#642860)

            Socialism is the collective ownership of the means of production by The Workers.

            If you're not describing an ownership model, you're describing *something*--but it's NOT Socialism.

            redistribution

            Now you're talking about taking stuff from Capitalists.
            Capitalism is the OPPOSITE of Socialism.

            ...and you've gone from talking about economic models to governmental models.

            You're way off the beam.

            Now, you might be trying to describe Communism, where all capital is held in the name of The Workers by The State.

            ...but that doesn't require redistribution.
            Everybody is a worker and all workers receive what they need to live.
            The Capitalist system has something similar called wages.

            -- OriginalOwner_ [soylentnews.org]

            • (Score: 2) by Arik on Saturday February 24 2018, @03:54AM

              by Arik (4543) on Saturday February 24 2018, @03:54AM (#642872) Journal
              Umm ok. Look, at best, we're using slightly different models of what they mean by this, and both of us are right in some cases, and the game is roughly the same in either case.

              Let's try not to let them confuses us quite so easily.
              --
              If laughter is the best medicine, who are the best doctors?