Tape Release December 8, 2017
As of today the Take the Lead Bonus payout for this year isn’t guaranteed. As of November 30th we are $10,000.00 in revenue shy of meeting the $300,000.00 target established in the contract. If you have any prospective leads please get them in to help push towards the goal. Information on the Take The Lead Bonus can be found on page 119 of the contract.
On Monday, Demiah Smith from our political action committee met with Congresswomen Louise Slaughter and other Labor leaders from Rochester to address current issues that are important to working people. The current tax reform bill is a corporate tax bill, which Louise voted against with very little to anything for the middle class. Changes that will impact you are the following:
The major hits will come in the form of Loss of State, Local and property tax deductions
Loss of interest deductions on student loans
Loss of medical expense deductions
Divorced spouses paying child support lose the deduction
Seniors will lose the higher standard deduction
What will not change is the interest deductions on private jets, Luxury Yachts, the carried interest deduction which allows Hedge fund managers who make tens of millions of dollars per year to be in a 20% tax bracket vs. your 25%.
You still have time to call your congressperson to voice your displeasure.
Finally I would like to thank the retirees who attended the Christmas Luncheon Wednesday at the Green on the Lodge. We had a great lunch with a lot of great people.
This is your President John Pusloskie, thanking you for calling your Union tape, the place where were Union and Proud of it.