Politics Apple to hire 20,000, open second headquarters and pay $38 billion tax bill on overseas profits

http://thehill.com/homenews/campaign/371330-dnc-ceo-leaves-group-after-less-than-a-year

DNC CEO leaves group after less than a year: report

The CEO of the Democratic National Committee (DNC) is leaving the organization after less than a year,NBC News reported Monday.

Jess O’Connell, a longtime Democratic operative, is leaving for personal reasons after joining the group in May, one DNC officialtold NBC, but O'Donnell didn’t give a specific reason for her departure in an email to DNC staffers Monday.

The DNC has struggled in its fundraising in the past year, while Republicans raked in the cash throughout 2017.

 

http://thehill.com/homenews/campaig...ick-donor-network-into-high-gear-for-midterms

Koch brothers kick donor network into high gear for midterms

 

https://www.cnbc.com/2018/01/31/pri...january-vs-185k-est-adp-moodys-analytics.html

Private payrolls grow by 234,000 in January, vs 185,000 expected: ADP/Moody's Analytics

• Privatecompanies hired 234,000 jobs in January, well above expectations for 185,000, according to ADP and Moody's Analytics.
• Service-related industries led with 212,000 new jobs; manufacturing added 12,000 and construction 9,000.
• The report often differs significantly from the government's more closely watched nonfarm payrolls count, with ADP reporting growth of 242,000 in December vs. the Labor Department's 148,000.

 

http://thehill.com/opinion/finance/371349-democrats-panic-over-avalanche-of-good-economic-news

Democrats panic over avalanche of good economic news

Democrats sound plain silly as they continue to attack the GOP tax cuts.

 

Holy Crap!

https://www.cnbc.com/2018/02/01/eco...-first-quarter-atlanta-fed-tracker-shows.html

Economy to grow at 5.4% rate in first quarter, Atlanta Fed tracker shows

• The Atlanta Fed updated its rolling look at the U.S. economy, projecting that GDP would grow 5.4 percent in the first quarter.
• If the forecast holds, it would be the strongest quarter since the economic recovery began and would more than double the typical annualized growth during the period.

 

So the complaint is that all these bonuses are "one time" even though the overseas funds repatriation is also "one time?"

Or is it just not enough for a company to spend $250M in bonuses while using the rest to fuel growth and hire more?

 

That's good, because it was only 2.6% last quarter. Lower than expected.

barfo

 

Still higher than Obama's "new normal" 2% expectations for the next decade. That's what Trump inherited.

 

The list of companies paying bonuses, giving raises, contributing to employee benefits, etc., is over 300 now.

https://atr.org/list

 

Let them eat cake
--barfo

https://www.apnews.com/8821fda1e08b4416a51baa5504b33b44

Tax bill beginning to deliver bigger paychecks to workers

How much extra cash? It depends on several factors, such as workers’ income, how often they are paid and the number of withholdings allowances they claim on their IRS Form W-4 with their employer.

Those whose employers were quick to make the change welcomed the extra money — anywhere from a few dollars to a few hundred dollars.

Wayne Love, who works in managed care in Spring Hill, Florida, got an extra $200 in his paycheck last week, which he said will help offset a $300 increase in the cost of his health insurance.

“I have heard time and again that the middle class is getting crumbs, but I’ll take it!” Love said by email.

Julia Ketchum, a secretary at a public high school in Lancaster, Pennsylvania, said she was pleasantly surprised her pay went up $1.50 a week. She didn’t think her pay would go up at all, let alone this soon. That adds up to $78 a year, which she said will more than cover her Costco membership for the year.

And Todd Anderson of Texas and his fiance, who are both educators, got an extra $200 in their paychecks combined that they plan to use to cover the costs of a second baby on its way.

 

WaPost reporting on something they're clearly rooting against. At least they acknowledge the truth.

https://www.washingtonpost.com/news...o-be-paying-dividends/?utm_term=.817694e446eb

The GOP’s big tax-cut gamble appears to be paying dividends

A month ago Republicans passed what was, according to some measures, themost unpopular bill in decades: their tax plan.

Today, it’s looking more and more as if that was a risk well worth taking.

A day after President Trumpplayed up the tax cuts in his State of the Union address, a Monmouth poll showeda huge swing in favor of the bill. Although 26 percent of Americans approved of the package in mid-December, as lawmakers were putting the final touches on it, support in the latest poll rose to 44 percent. For a bill that sometimes polled with twice as many opponents as supporters, it’s now on level terms, with just as many supporters as opponents (44 percent).

Other polls have shown smaller bumps in the plan’s popularity...