#GOPTaxScam in 2018: So Far, So Bad


Republicans promised the GOP tax scam would create jobs, raises wages and provide a tax ‘miracle’ for middle class families.

But here’s the reality: even as Republicans’ corporate friends pocket the massive windfall from the tax scam, they’re quietly laying off thousands of American workers:

Indy Star: AT&T, touting bonuses and investment fueled by tax reform, quietly lays off thousands

When AT&T Inc. announced it would hand out holiday bonuses to 200,000 workers thanks to Congress’ recent tax overhaul, the company’s statement failed to mention a separate, yet notable, personnel matter: Many employees will be getting laid off in the coming weeks. AT&T is eliminating thousands of jobs across the U.S.

LA Times: Pfizer, pocketing a big tax cut from Trump, will end investment in Alzheimer’s and Parkinson’s research

The big drug company Pfizer seems intent on being a pace-setter in cranking out the benefits of the tax cut to stakeholders who need them the least. In an announcement, Pfizer said it was shutting down its research efforts on treatments for Alzheimer’s and Parkinsonism…the company said about 300 researchers will lose their jobs…

The Hill: Carrier laying off 215 employees as part of move to Mexico despite Trump deal

The 215 employees will leave the manufacturer in its final round of layoffs at the Indianapolis facility.

Carrier said in a statement the layoffs are part of the company’s plan to “relocate fan coil manufacturing production lines,” which are moving to a facility in Mexico.

Street Insider: Allergan (AGN) to eliminate over 1,000 currently filled positions, 400 open positions

The Company intends to eliminate over 1,000 currently filled positions, impacting employees in commercial and other functions … In addition, the Company will eliminate approximately 400 open positions.