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Ike Perlmutter's Trump Donations Pay Off As Disney Announces Tax Reform-Based Bonuses

Written by Tim Midura on Wednesday, January 24 2018 and posted in News with Benefits

Ike Perlmutter's Trump Donations Pay Off As Disney Announces Tax Reform-Based Bonuses

The company plans to give 125,000 employees $1,000.


Source: CNBC

Marvel CEO Ike Perlmutter's friendship and financial contributions to Trump (including $1 million to his election campaign) seem to have paid off, as this week Disney announced it will pay 125,000 employees $1,000 bonuses. The company will also invest $50 million into an education program for employees. Disney says both initiatives are due to recent tax reform.

While the US corporate tax rate is 35%, Disney reportedly recently paid 33.8% according to Forbes. This amount is too high according to Disney CEO Bob Iger, who must be jealous of the 20% of large corporations that pay nothing in corporate income taxes.

By buying Marvel comics you're putting money into Perlmutter's coffers which he uses to support Trump and his agendas. Only with your support can Trump get Disney's corporate tax rate down to 0%.

Disney's employees should seemingly invest that $1,000 bonus as when Disney's $52.4 billion acquisition of Fox goes through, between 5,000 and 10,000 employees could be facing the unemployment line. Meanwhile, a Trump spokesperson said the President thinks the media deal "could be a great thing for jobs."





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About the Author - Tim Midura


Born in the frozen tundra of Massachusetts, Tim Midura has long possessed a love for comic books and records. After stealing the beard of Zeus and inventing the pizza bagel, a much more heavily tattooed and bearded Tim Midura has finally settled in San Diego. He's the world's first comics journalist who doesn't want to become a comics writer. Find him on twitter, facebook or by email.


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