Stories
Slash Boxes
Comments

SoylentNews is people

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.


Original Submission

 
This discussion has been archived. No new comments can be posted.
Display Options Threshold/Breakthrough Mark All as Read Mark All as Unread
The Fine Print: The following comments are owned by whoever posted them. We are not responsible for them in any way.
  • (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?