Chuck Schumer has been teaming up with the media to lie about Trump’s tax cut bill.
They have peddled falsehoods about the legislation in an attempt to destroy Trump’s agenda.
But their lies just blew up in Chuck Schumer’s face.
Schumer attacked the bill as a give away to the rich.
It was standard Democrat class-warfare rhetoric.
Trump and other Republicans declared that a cut in the corporate tax rate would spur companies to boost wages and reinvest in their workforce.
Schumer berated Trump on this point and even singled out AT&T as a corporate fat cat who would pocket the tax cut and refuse to share their profits with their workers.
Breitbart reports:
Schumer, at a press conference on Wednesday, argued that the Republican tax reform bill will only increase corporations’ profits while doing nothing to benefit the average American worker.
“I love the example of AT&T,” Schumer contended. “Over the last ten years, AT&T has paid an average tax rate of eight percent a year. They have 80,000 fewer employees today than they had then.”
The New York Democrat added, “Tax breaks don’t lead to job creation. They lead to big CEO salaries and money for the very, very wealthy.”
Schumer ended up with egg on his face when just hours after his statement, AT&T announced they were paying 200,000 workers a $1,000 bonus because the tax reform had passed.
JUST IN: AT&T announces it will "pay a special $1,000 bonus to more than 200,000 AT&T U.S. employees" due to tax reform passage and will also increase US capital spending by $1 billion. https://t.co/jn8limUSe7
— CNBC Now (@CNBCnow) December 20, 2017
Other companies quickly followed suit and workers across America ended up with a very Merry Christmas because of Trump’s tax cuts.
#Boeing announces $300M employee-related and charitable investment as a result of #TaxReform legislation to support our heroes, our homes and our future. pic.twitter.com/ZNawbAW7AY
— The Boeing Company (@Boeing) December 20, 2017
JUST IN: Comcast to give $1,000 bonuses to more than 100K "eligible frontline and non-executive employees" & invest $50 billion over the next five years in infrastructure "based on the passage of tax reform". https://t.co/jn8limUSe7
(Disclosure: Comcast is parent co. of CNBC)
— CNBC Now (@CNBCnow) December 20, 2017
Are you glad Chuck Schumer ended up looking ridiculous?
Let us know your thoughts in the comment section.
