Rep. Debbie Wasserman Schultz (D-Fla.) suggested on Thursday that $1,000 bonuses weren’t a big help for working families.
“I’m not sure that $1,000, which is taxed, taxable, goes very far for almost anyone,” Wasserman Schultz told an audience at the #TrumpTax Town Hall in Florida on Thursday.
“Frankly, if you look at the bonuses, I mean which I haven’t heard of a corporate bonus more than $1,000 so far,” she said, according to The Daily Caller.
“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.”
Her comments came amid Home Depot’s announcement that it would give employees $1,000 bonuses because of President Donald Trump’s tax reform law.
“This incremental investment in our associates was made possible by the new tax reform bill,” CEO Craig Menear said in a statement.
House Minority Leader Nancy Pelosi (D-Calif.), who also spoke at the event, similarly complained that the Republicans’ tax reform left the middle class with “crumbs” while giving the wealthy a “banquet.”
“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,” she said.
“And around it are the fat cats, they look a lot like elephants but anyway, around there. And that’s the thing. [You] get this little thing and we get this big bonanza. You get the crumb, we get the banquet.”
Other companies, such as JPMorgan Chase, also said they would assist their employees because of tax reform. JPMorgan Chase CEO Jamie Dimon predicted that the new legislation would encourage job creation.
His company announced earlier this week that it would open 400 new United States branches, add 4,000 jobs, and raise some of its workers’ hourly pay.