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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: 2) by NewNic on Friday February 23 2018, @10:38PM

    by NewNic (6420) on Friday February 23 2018, @10:38PM (#642680) Journal

    My typical deduction for SALT is about $18k in recent years. So, yes, it will affect me.

    --
    lib·er·tar·i·an·ism ˌlibərˈterēənizəm/ noun: Magical thinking that useful idiots mistake for serious political theory
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