BREAKING: Nancy Pelosi was just humiliated in front of the entire nation…
Last month, House Minority Leader Nancy Pelosi infamously referred to the $1,000 bonuses workers got thanks to Donald Trump’s tax cut as “crumbs.” Now, this has come back to bite her in a big way.
Fox News reported that Rep. Todd Rokita, R-Ind., is preparing to unveil legislation that would make most bonuses given out as a result of President Trump’s tax reform plan tax-free. He took a clear swipe at Pelosi by calling his bill the “Creating Relief and Useful Middle-Class Benefits and Savings” — or “CRUMBS” Act.
“Americans are receiving thousands of dollars in bonuses and more money in their paychecks thanks to President Trump’s tax reform, but out-of-touch Democratic leaders believe they only amount to crumbs,” Rokita said in a statement. “The CRUMBS Act will let Americans keep more of the money they receive as a result of President Trump’s tax reform, and allow them, not the government, to choose how best to spend their bonuses”
This legislation will make bonuses received by workers in 2018 tax-free up to $2,500. Since Trump’s tax reform was signed into law back in December, numerous companies have given out bonuses and pay raises in anticipation of increased tax savings.
Americans for Tax Reform stated that 346 companies have given workers bonuses or raises or increased contributions to employees’ 401(k). This list of companies includes AT&T, which gave $1,000 bonuses to 200,000 employees; automaker Fiat Chrysler, which gave at least 60,000 workers bonuses worth up to $2,000; and moving company U-Haul, where more than 28,000 full and part-time employees received bonuses ranging from $500 to $1,200.
Pelosi’s thoughtless “crumbs” comment shows just how out of touch she is with real American workers. We’re glad to see that Republicans are hitting her back with this bill!
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