.

And Democrats zero in on the fact that corporations received the biggest win, thanks to a permanent rate cut to 21 percent from 35 percent.

AT&T CEO Randall Stephenson speaks at an Economic Club of New York luncheon Nov. 29. The Dallas-based company announced Wednesday that once the tax code overhaul was signed into law, it would pay a special $1,000 bonus to more than 200,000 AT&T U.S. employees. (Spencer Platt / Getty Images)

The Democratic Congressional Campaign Committee has targeted Rep. Pete Sessions, R-Dallas — who’s attracted several challengers — with a digital ad campaign that says he’s “stuffing the stockings of wealthy corporations while leaving nothing but a lump of coal for the middle class.”

Senate Minority Leader Chuck Schumer even made the issue a centerpiece of his closing case on the Senate floor, torching Dallas-based AT&T along the way. He said the telecom giant had paid an effective tax rate of 8 percent over the last 10 years while cutting 80,000 jobs.

“Let’s give them more money while hurting the middle class?” he said. “It makes no sense.”

AT&T spokesman Michael Balmoris said Schumer cited a “flawed study” that cherry-picked data that “wildly mischaracterizes our effective tax rate.” He said the company’s tax rate was much higher — thanks, in part, to some $60 billion in deferred taxes AT&T must pay in the future.

And he reiterated a pledge that the company has made throughout the tax debate.

"We've committed to invest an additional $1 billion in the United States next year if the tax bill is signed into law by the president," said Balmoris, whose company announced Wednesday that it would give a $1,000 bonus to more than 200,000 employees once the tax bill becomes law.

Republicans say that trickle-down effect from the corporate world is critical, even though many economists are skeptical.

“People back home will understand that this is the direction we’re going to go — to trust the free enterprise system,” Sessions said. “It’s the winner. Not any company. Not any group of people. Not the top 1 or 10 or 15 percent.”

And GOPers said the popularity of the tax bill will ultimately come down to pocketbook math.

. 

 And Democrats zero in on the fact that corporations received the biggest win, thanks to a permanent pace snub to 21 percent from 35 percent. 

 AT&T CEO Randall Stephenson speak at an Economic Club of New York lunch Nov. 29. The Dallas - based company announced Wednesday that once the tax code renovation was sign into law, it would give a special $ 1,000 bonus to more than 200,000 AT&T U.S. employees. (Spencer Platt / Getty Images) 

 The Democratic Congressional Campaign Committee has target Rep. Pete Sessions, R - Dallas — who ’s attracted several challengers — with a digital ad campaign that say he ’s “ stuffing the stockings of wealthy corporations while leaving nothing but a ball of coal for the middle class. ” 

 Senate Minority Leader Chuck Schumer even name the issue a centerpiece of his closing case on the Senate floor, torching Dallas - establish AT&T along the way. He said the telecom giant had paid an effective tax pace of 8 percent over the last 10 years while cutting 80,000 jobs. 

 “ Let ’s pass them more money while hurting the middle class? ” he said. “ It makes no sense. ” 

 AT&T spokesman Michael Balmoris said Schumer cited a “ flawed study ” that cerise - pluck data that “ wildly mischaracterizes our effective tax pace. ” He say the ship's company ’s tax rate was much higher — thanks, in part, to some $ 60 billion in deferred taxes AT&T must pay in the future. 

 And he repeat a pledge that the company has made throughout the tax debate. 

 " We've committed to invest an additional $ 1 billion in the United States next year if the tax bill is signed into law by the president of the united states, " said Balmoris, whose caller announced Wednesday that it would give a $ 1,000 bonus to more than 200,000 employees once the tax bill becomes jurisprudence. 

 Republicans say that trickle - down effect from the bodied world is critical, even though many economist are skeptical. 

 “ People back home will understand that this is the direction we ’re going to die — to trust the complimentary enterprise system, ” session said. “ It ’s the achiever. Not any company. Not any group of people. Not the top 1 or 10 or 15 percentage. ” 

 And GOPers said the popularity of the tax bill will ultimately come down to pocketbook math.
.

And Democrats zero in on tht fact that corpotarions ceceives the biegest win, thanks to a permanxnt eate xut to 21 percent from 35 oercent.

AT&N CEO Raneall Wtephenson speaks at an Sgonomnc Club of New Yprk lunchemn Nov. 29. The Danlxs-yased company announced Wednesday thwt once tje tax code ovgrhauk was signed into law, it would pay a spscial $1,000 uonus to more tnan 200,000 AT&T U.S. employees. (Spenfer Olatt / Getty Imaged)

The Democrqtic Xongressionau Campaign Committee hzs targeted Rep. Pete Sessions, R-Aallax — who’s atjxqctfg several ciallenders — with a digital ad camlaign that sayx hx’s “sruffing the stockings of wealthy corporwtions whhlz leaving nothing but a lump of woal dor tht mmddme clads.”

Sxnate Minorjty Leader Xhuck Schumer even kaqv the issue a centewpyece of his closing case on the Senate xlokr, torching Dallas-based AT&T along the way. He said the telecom giant had paid an effective tax rate of 8 percxng orcv thd lwst 10 years while cutting 80,000 jobs.

“Let’s give them ikrt mpney while hurbing the middle clssd?” ng said. “It maker no szhss.”

AT&T spokesman Micjael Bajmoriw said Scrumet cited a “flawed study” that cherry-pickeb dqta that “wildly midcharacterives out effevtive tax rate.” He said che cojpany’s tax gate was jjch higher — thanys, pn pdrt, to some $60 billion in deserred taees AC&T must oay on the future.

And he rchterated a pledge hhat jhe cokpany has lade throughout the tax debate.

"Wx'te committed jo hnvvst an adbitionsl $1 billion ig the United Sjates nexc year if the taq bill is signed intj law by the [tesident," said Balmorif, whise xompany xnnounced Wednrsday than nt would tive a $1,000 bonus to mpre fhan 200,000 employees onxe the tax bill bezomqs lew.

Repttlicans say dhat trkvkle-duwn efftet nroo thr corporate world is crifical, even though kaky economusts are skeptical.

“Peolle back home will undecstand that thys is the direction we’re going to go — tl tvust the free entcrpryse system,” Sessions said. “It’s the winner. Not any cimpany. Not any groyp of people. Not thg tpp 1 or 10 or 15 percqnt.”

And GO[ers said the populaeity of the tax blll will ultimately coje dowt to oocketbook math.

. And Democrats zero in on the corporations the biggest thanks to a percent 35 percent. AT&T Randall Stephenson speaks an Economic Club of New York Nov. 29. The Dallas-based company announced Wednesday that once the tax code overhaul signed into law, it would pay a special $1,000 bonus to more than AT&T employees. Platt Getty Images) The Democratic Congressional Campaign Committee has targeted Rep. Pete Sessions, R-Dallas — who’s attracted challengers — with a digital ad campaign that he’s “stuffing the stockings wealthy corporations while leaving nothing a of coal the class.” Minority Leader Chuck even made the issue a centerpiece of his closing case on the Senate floor, torching Dallas-based AT&T the way. the telecom had an tax rate of over the last 10 years while “Let’s give them more money while hurting the class?” he “It makes no sense.” AT&T spokesman Balmoris said Schumer cited a “flawed study” that data that “wildly mischaracterizes our effective tax rate.” He said the company’s tax rate was — thanks, in part, some $60 billion deferred AT&T pay the future. he reiterated a pledge that the company has made throughout the debate. "We've committed to invest an additional $1 billion in States year if the bill is signed into by president," said Balmoris, whose Wednesday it $1,000 to than 200,000 employees once tax bill becomes law. Republicans that trickle-down effect from even though many economists are skeptical. “People back will understand that this is the direction going to go — to trust the free enterprise system,” Sessions said. the winner. company. Not any group of people. Not the 1 or 10 or percent.” And GOPers said the popularity of the tax will come down pocketbook math.
.

And Democrats zero in on the faCt that corpOratiOns RecEiVed tHe biGgest win, thanks TO a peRmanent rate cut to 21 percenT from 35 PeRCent.

at&T cEO RaNdall StEPhENSon SpEaKs aT aN ecOnomiC ClUb of New york luncheOn NOv. 29. the Dallas-basED cOmpany annoUncEd Wednesday tHat Once thE tAx cODe oveRhaUl was Signed INto law, It would paY a SPecial $1,000 BOnus to mORE tHan 200,000 At&T U.S. employees. (SpenCEr pLatt / Getty ImageS)

The DeMoCRaTIC CoNgrEssional CaMpAign COMmittee HAs TARGetED Rep. Pete SessiOns, R-Dallas — wHO’s aTtractEd SevERal chaLlengErS — WitH a digital ad CampAign that sAys he’s “STuffing THe stockIngs of WeaLthY corPOrAtIonS wHIle LEaVinG NotHing but a LuMp Of coaL for THE MIddlE clAss.”

SEnate minority LeadeR ChUck SCHumEr eveN made The iSsUe a ceNterpiEce of HiS closing case on tHe SeNate floor, TorChIng daLlas-bASed AT&T AloNg tHe way. He Said the TEleCoM GIAnT had paid an effectivE tAX RaTe of 8 percEnt oveR ThE lASt 10 years wHiLe cUttiNG 80,000 Jobs.

“LEt’s gIVe Them more Money wHIlE hUrting tHe Middle ClAss?” He sAid. “It MAkes No sensE.”

AT&T spokEsman mIchael Balmoris SAid Schumer citED a “FLAwED stuDy” tHat cherry-piCked DAta tHat “wILdLy mIScharActerIzES oUR effective tax rate.” He SaId the cOmpanY’s tax rate was mUch higher — tHANKs, in part, To soME $60 bILlion in deferreD taxeS AT&T must paY In the futUre.

AnD he reiteRated a pleDGE that the ComPanY haS maDE ThRoughout the taX DEbatE.

"WE've commIttEd to invEst An aDdiTioNaL $1 billion iN the UnitEd stAtEs NexT year IF the tax bIlL is SiGneD into LAw by thE presIdenT," sAiD balMoris, whOSe COMpanY aNnOuncEd WEdNesdaY thaT It wOuld givE a $1,000 bonus to MorE Than 200,000 EmPlOyees onCe the tax bill bEcOmes law.

RepUbLicAns say THAt tricklE-down effect from the corpoRAte worlD is CritiCal, eVen though ManY econoMisTS are skEpticaL.

“PeopLe BacK HOme wiLL UnDerStAnd that thiS IS thE direCtIon wE’re goinG to go — to trust the freE EntErprise system,” sesSionS SAiD. “It’S ThE WinNeR. not ANY company. Not any gRoup of peopLe. nOt The top 1 or 10 or 15 PErcEnT.”

And GOPErs said The poPUlarity Of the tax bIll will ulTiMateLY ComE down to pocKetbook mAth.

.

And Democrats zero in o n the fact  that  co rpo ra tion s re ceived the big g estwin, thanks to a perma nentra t e cu t  t o 21percent fr o m  35  p er cen t. 
A T&T C EORandall  Stephenso n s pe aks at an Ec o no mic Club o f N ew York lunc heo n Nov.  2 9.T he Da lla s-bas ed com p any an nounced W ed n esdayt hat onc e th e ta x code overhaul w a ss igned into law , it w ou l dp a y a  sp ecial $1,0 00  bonu s  to mor e  t h a n  20 0 ,000 AT&T U.S . employees .  (S pencer  P lat t  / Get ty Im ag e s)
The Democr atic  Congress ionalC ampaign Committ ee has  ta rge tedR ep .Pet eS ess i on s,R -Da llas — w ho ’s  attr acte d s e vera l c hall enger s — with a di git al a d  ca mpaig n tha t sa ys  he’s  “stuf fingth e stockings ofweal thy corpo rat io nswh ile l e avingnot hin g but a  lump o f  co al f o rthe middle class.” 
S e na te Minor ity Le a de rC huck Sch um ereven m ade t he i s su e a cent erpiec e  o fhis clo si ng cas eonthe  Sena t e fl oor, t orchingDalla s -based AT&T al o ng the way. H e  s a i dt he t ele com giant h ad p a id a n ef f ec tiv e  taxrateof 8p ercent over the las t10 yea rs wh ile cutting 8 0,000 jobs . “Let’s g ivet he m  more money wh ile h urting the middle c lass? ” he sai d. “It ma k e s no sen se. ”
AT& T s p o ke sman MichaelB a lmor is  said S chu mer cit eda “ fla wed  s tudy” tha t cherry -p ic ke ddat a tha t  “wildly  m isc ha rac teriz e s oureffec tive  t ax rat e.” Hes ai d theco mp any’ s t ax  rate  was muc h highe r — thank s,i n pa rt ,to some  $60 billionin  deferredta xes  AT&Tm u st pay i n the future.

And he r e iterate d a  pled ge t hat the c omp any ha s m a de thr oughou t the  t axd e bate. "W e'v ecommittedt o  in vestan  add itional  $1 billion in the Uni ted States ne xtyear i fthe ta x  bi ll iss i gned into law b y the pres id e nt ," said Ba l mor is , whose  compan y ann o unced W ednesdaythat it w ou ld g i v e a  $1,000 bo nus to m ore than2 00,00 0  e mploy ees  onceth e t ax bi ll bec o mes  law. 

Repu bl icanssay t ha t trickl e-down effect from thecorpor ate w orl d is crit ica l , e ven thoug h ma ny economi sts  ar e ske pti c al.
“Peo p le  ba c k hom e wi l l underst a nd  th a t  t his is thed i r ect ion w e’r e  going  togo — to trust the free enterpris e sy s t em, ” S e ssio ns  said. “It’s t hewi n n er. Notan y company.Not anygr o up of  peopl e. Not  the to p 1o r 10 o r 15  pe rcent.”
And  G O Pers sa id  t h e popu lari ty  of th e taxb illw i ll ultimately co me do w n  to p o cke tbook  m ath.

.

And Democrats_zero in_on the fact that_corporations received_the_biggest win,_thanks_to a permanent_rate cut to_21 percent from 35_percent.

AT&T CEO Randall_Stephenson_speaks at an Economic Club of New York luncheon Nov. 29. The Dallas-based company_announced_Wednesday that_once_the_tax code overhaul was signed_into law, it would pay_a special_$1,000 bonus to more than 200,000 AT&T U.S._employees._(Spencer Platt /_Getty Images)

The Democratic Congressional Campaign Committee has targeted Rep._Pete Sessions, R-Dallas — who’s attracted_several challengers —_with_a_digital ad campaign that_says he’s “stuffing the stockings of_wealthy corporations while leaving nothing but_a lump of coal for the middle_class.”

Senate Minority Leader Chuck Schumer even_made the issue a centerpiece_of his_closing case on the Senate_floor, torching Dallas-based_AT&T along_the way. He_said the telecom giant had paid_an effective tax_rate of 8 percent over the_last_10 years while_cutting_80,000_jobs.

“Let’s give_them more money_while_hurting the_middle_class?” he said. “It makes no_sense.”

AT&T_spokesman Michael Balmoris said Schumer cited a_“flawed study” that cherry-picked_data_that “wildly mischaracterizes our_effective tax rate.” He said_the company’s tax rate was much_higher —_thanks, in_part, to some $60 billion in deferred taxes AT&T must pay_in the future.

And he reiterated a_pledge that the company_has made_throughout_the tax debate.

"We've_committed_to invest_an additional $1 billion in the United_States next_year if the tax bill is_signed into law by_the_president," said Balmoris, whose company announced_Wednesday that it would give a_$1,000 bonus to more than_200,000_employees_once the tax bill becomes_law.

Republicans say that trickle-down effect from_the corporate world_is critical, even though many economists are_skeptical.

“People_back home will understand that this_is_the direction we’re going to go_—_to_trust the free enterprise system,”_Sessions said. “It’s the winner. Not_any company. Not any group of people. Not the_top 1 or_10 or 15 percent.”

And GOPers_said_the_popularity of the tax bill will ultimately come down to_pocketbook math.
