The Democratic Party’s top leaders on Thursday flicked aside the bonuses and pay hikes 250 companies like Home Depot, Fiat Chrysler and Wells Fargo are giving employees as a result of the tax reform package approved in Congress last year and signed by President Trump.
House Minority Leader Nancy Pelosi repeated her complaint that it was just a “crumb,” and that corporate “fat cats” will get so much more.
And the former Democratic Party chief Rep. Debbie Wasserman Schultz dismissed $1,000 bonuses as chump change what won’t be worth much when taxed.
Pelosi said, “There’s a cartoon that I just love.... There’s a little mouse trap who’s got a little piece of cheese on there and there’s a mouse about to take it and that’s called the middle class. And around it are fat cats, they look a lot like elephants but anyway, around there. And that’s the thing. Get this little thing and we get this big bonanza. You get the crumb, we get the banquet.”
Wasserman Schultz added, “Frankly, if you look at the bonuses, which I haven’t heard of a corporate bonus more than $1,000 so far. Which by the way is taxed, so it’s not $1,000. And then you spread $1,000 over the course of the year – to think of about how much that is – of course they get it all at once. But I’m not sure that $1,000 (which is taxed, taxable) goes very for almost anyone.”
Paul Bedard, the Washington Examiner's "Washington Secrets" columnist, can be contacted at email@example.com