Thread by @JuddLegum

1. Can we talk about these new Walmart bonuses? Because it's important.

It sounds amazing: The nation's largest employer is giving all its employees up to $1K!

Let's dig deeper goo.gl/rp9PrB

2. First, you have to work at WalMart 20 YEARS to be eligible for the full 1K. The average bonus will be about $190. goo.gl/rp9PrB

3. Second, you have to put it in perspective.

The total value of the corporate tax cut is at least $18 billion over 10 years. (Likely a lot more.)

The value of these bonuses is $400 million. Walmart is giving it's workers just 2.2% of the tax cut.

goo.gl/rp9PrB

4. And remember these corporate tax cuts are permanent. Part of the purpose of these bonuses is to increase public support for a very unpopular tax plan so Walmart can make billions more in perpetuity goo.gl/rp9PrB

5. Overall, we seen headlines from over 50 companies doling out bonuses to employees. But the value of these bonuses is just 0.13% of the value of the tax cut over 10 years.

0.13 PERCENT

goo.gl/rp9PrB

6. If the purpose of this tax cut was to give workers a one time bonus, for the same cost, we could have given every WalMart worker $8500!

Instead we gave $18 billion to Walmart and they gave each employee an average of $180

goo.gl/rp9PrB