House Minority Leader Nancy Pelosi’s dire predictions of “Armageddon” and the “end of the world” regarding the GOP tax cuts continued to evaporate on Monday, with credit card giant Visa announcing it would be expanding benefits to its US-based workers following the business-friendly legislation.
According to CNBC, Visa announced the company would be “raising its 401(k) matching for employees in response to tax reform.”
“JUST IN: Visa is raising its 401(k) matching for employees in response to tax reform; company also will examine other long-term investments.”
JUST IN: Visa is raising its 401(k) matching for employees in response to tax reform; company also will examine other long-term investments. pic.twitter.com/aoo5jT8ns1
— CNBC Now (@CNBCnow) January 8, 2018
The move makes the company the latest American corporation to drastically increase benefits and bonuses to workers following the GOP tax cut. American Airlines, AT&T, Boeing, Southwest Airlines, and others all announced renewed investments after President Trump signed the bill.
Hours before the law’s passage, former Speaker of the House Nancy Pelosi slammed the legislation; saying the new tax cuts would spark “Armageddon,” adding that it would bring about “the end of the world” for hard-working American families.
LIBERAL FAIL: ‘Armageddon’ Avoided as Airlines PAY BIG BONUSES After GOP Tax Cuts
Liberal predictions of “Armageddon” and the “end of the world” following the passage of the GOP’s tax cut legislation may have been premature, with several giant corporations announcing bumped-up bonuses for workers after the bill was signed into law by President Trump.
House Minority Leader Nancy Pelosi’s predictions of chaos and “death” were nowhere to be seen this holiday season, as large businesses such as AT&T, Wells Fargo, Boeing, and others vowed to kick-back their tax-cut windfall to American workers.
On Tuesday, aviation giants Southwest Airlines and American Airlines announced their plans to dish-out $1,000 bonuses to all full-time and part-time employees based in the United States, as well as their plans to donate upwards of $5 million to charity.
JUST IN: Southwest Airlines to give all full-time and part-time employees a $1,000 cash bonus on Monday & company will also make $5M in charitable donations and invest in its Boeing fleet due to tax reform passage. https://t.co/YKho1O67Ek
— CNBC (@CNBC) January 2, 2018
“We will be able to invest even more in aircraft and facilities, and we will be able to do so with even greater confidence about the future,” said American Airlines CEO Douglas Parker.
Users on social media were quick to point out the liberal fail this week, sarcastically saying, “But I was told tax reform would make thousands die!”
But I was told tax reform would make thousands die! https://t.co/QATtnXur5h
— Dana Loesch (@DLoesch) January 2, 2018
PELOSI PANICS: Nancy Ditches TAX PROTEST After No One Shows Up
Former Speaker of the House Nancy Pelosi bailed on a “highly-anticipated” protest against the GOP tax cuts making their way through Congress on Monday, ditching the event at the last minute after only dozens of liberal demonstrators turned up at the event inside the Capitol.
A reporter for left-leaning MSNBC news was on the scene to cover the event, but was forced to admit the blatant failure on-air, saying the protest was nothing like “what we saw with the healthcare law.”
“These protests have never been like what we saw with the healthcare law. This particular protest was supposed to start at three, it was supposed to feature Nancy Pelosi, and it’s supposed to have hundreds of people, and none of those things are going to end up being true,” the journalist added.
Earlier this month, Pelosi infamously referred to the new GOP legislation as the end-of-the-world, saying the bill would bring about “Armageddon” for average Americans.
“This is Armageddon. This is a very big deal,” said the House Minority Leader. “Because you know why? There’s really a very hard way to come back from this. They take us farther, more deeply into debt. What can you do but raise taxes?”
h/t American Mirror