WOW, EVEN THE MOST LIBERAL OF CORPORATIONS ADMIT THE BENEFITS OF THE TRUMP TAX CUTS!!!
Via CNBC comes this amazing admission from one of America’s most liberal corporations; Starbucks will raise their employee’s pay and benefits in 2018 thanks to the PRESIDENT TRUMP-GOP tax cuts. That is correct, Starbucks actually stated so. I guess President Trump is “making Starbucks Great Again” too. A note to all of the Starbucks liberal employees and baristas, it was Trump, yes, that man you so love to hate that made it happen. It was also the work of the Republicans in the House and Senate who provided this for you as well. Not one Democrat voted for the tax plan that allowed you to keep more of your own money and by reducing the corporate tax rate, allowed for your employer to pass the benefits to you. You might want to remember that in the 2018 midterms and 2020 elections.
Starbucks will use some of the savings from the new U.S. corporate tax cuts to give domestic employees pay raises, company stock and expanded benefits with a combined worth of more than $250 million, the company said on Wednesday.
With the announcement, the world’s biggest coffee chain joins companies like Walmart, Apple, Comcast, and American Airlines in sharing their tax savings with employees.
Starbucks is known for giving its workers, which it calls “partners,” more generous pay and benefits than other mass-market restaurants and retailers.
“Investing in our partners has long been our strategy, and due to the recent changes in U.S. tax law, we are able to accelerate some significant partner investments,” Chief Executive Kevin Johnson said in a letter to employees.
Seattle-based Starbucks said it will give hourly and salaried employees, who received pay raises in January, a second wage increase in April.
It is giving additional stock grants to eligible employees on April 16. Coffee shop workers will receive a grant of at least $500 and store managers will receive $2,000 grants.