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Irony Alert: Univision Owner to Give Employees $1000 Bonuses Due to Trump Tax Cuts – Watching.ml

Oh irony of ironies. How stunning you might be!

Less than per week after Univision smeared the Trump tax cuts, the proprietor of that broadcasting community, Haim Saban, has introduced that he shall be giving $1000 bonuses to his staff due to those self same tax cuts. In truth, as we will see, Saban very particularly credited those self same tax cuts as the rationale for the bonuses. To get a full appreciation of the irony concerned allow us to first have a look at what a Univision anchor mentioned concerning the Trump tax cuts as reported by the MRC Latino Staff on January 27 in Univision Smears Trump Tax Cuts:

ARANTXA LOIZAGA, ANCHOR, UNIVISION: The states of New York, New Jersey, and Connecticut, all ruled by Democrats, introduced in the present day a lawsuit trying to cease the tax reform put forth by President Trump. They state that the brand new legislation is designed to damage states with Democratic majorities, and can price its taxpayers billions of .

Here is the MRC Latino Staff evaluation of that report:

Univision has an extended historical past of stuffing its newscasts with fast, 10-second takes on the problems with which there’s a bias, and tax reform is not any exception.

In channeling the community’s antipathy in the direction of taxpayers preserving extra of their very own cash, Loizaga neglects to point out that this lawsuit is particularly over the caps on the SALT deduction, which limits the quantity of state taxes that residents can declare on their federal tax return. Liberal states with excessive taxes equivalent to those submitting swimsuit (in addition to California or Illinois)- which Loizaga appropriately states are principally ruled by Democrats- now stand to be held accountable by their residents.

Nowhere does the story point out that states are free to cut back the onerous burdens that they’ve imposed on their very own residents. Furthermore, there is no such thing as a point out of the truth that among the residents of those states might offset the lack of their SALT deduction by means of the upper particular person deduction.

Instead, Univision’s viewers are left to deduce that the evil Trump needs to damage them…racism through the tax code. Sadly, that is what occurs when newscasts run coverage analyses in 10-second blurbs. Once once more, Univision’s viewers are poorly served by their newscasts.

Less than per week later the God of Ironies struck again with this story in The Hollywood Reporter, Haim Saban’s Company Pledges $1,000 Bonuses to Staff Due to Tax Cuts:

Media mogul Haim Saban on Friday turned the newest to dole out $1,000 bonuses to staff in celebration of tax reform.

According to a letter to staffers at Saban Capital Group, which invests in leisure and communications corporations, Haim and his spouse, Cheryl, had been impressed by Disney’s resolution to award bonuses to its staff.

Before Disney, a number of corporations together with Comcast and Starbucks mentioned they’d be handing out bonus checks (and Apple gave out inventory bonuses) due to tax reform championed by President Donald Trump that reduces the speed paid by companies to a most of 21 p.c, down from 35 p.c beforehand.

To put the icing on the irony cake, Saban wrote a private observe to his staff giving full credit score for his or her bonuses to the Trump tax cuts:

To our valued crew,

As you might know, on the finish of 2017, the Federal Government enacted essentially the most elementary tax reform since 1986. These reforms are impacting our firm in numerous methods, together with a decrease tax charge.

As a worldwide funding agency, we acknowledge that our most essential property are each certainly one of you – at Saban Capital, Real Estate, Films, Brands, Foundation and the Family Office.

We have been impressed by what Bob Iger has executed for Disney staff. As the Hebrew saying goes “I shall learn from all my teachers” so we determined to comply with swimsuit.

Eligible staff will obtain a one-time after-tax bonus of $1,000. We acknowledge and admire your arduous work and dedication.

Thank you
Cheryl & Haim

 

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