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-   -   Tax plan and profit sharing (https://www.airlinepilotforums.com/spirit/109994-tax-plan-profit-sharing.html)

Qotsaautopilot 12-20-2017 05:29 PM

Tax plan and profit sharing
 
Let’s try not to drift into a political back and forth over whether or not the new tax legislation is good or bad for us individually or even the country. Please.

One thing is for sure is that it’s great for Spirit and spirit’s profits. So imo we need to up our ask and again demand full retro. They claimed full retro would cost them a year of profits. Even take our planed growth out of the equation, their taxes just got slashed by 40%. I want full retro back on the table with the NMB in light of these developments.

Also, moving forward we know as profits soar they will not let that money trickle down to the employees or even make new investments not already planned. They will buy back more stock and award themselves more massive bonuses. The only chance we have to get a piece of this new massive corporate tax savings is PROFIT SHARING. Even with the FAs “me too” profit sharing is an easy give now.

All financial analysis presented by Spirit to the NMB is completely null and void and now tilted to favor us. Ted would have to do some real magic with his two day long power point to refute this.

Feng 12-20-2017 05:48 PM


Originally Posted by Qotsaautopilot (Post 2486870)
Let’s try not to drift into a political back and forth over whether or not the new tax legislation is good or bad for us individually or even the country. Please.

One thing is for sure is that it’s great for Spirit and spirit’s profits. So imo we need to up our ask and again demand full retro. They claimed full retro would cost them a year of profits. Even take our planed growth out of the equation, their taxes just got slashed by 40%. I want full retro back on the table with the NMB in light of these developments.

Also, moving forward we know as profits soar they will not let that money trickle down to the employees or even make new investments not already planned. They will buy back more stock and award themselves more massive bonuses. The only chance we have to get a piece of this new massive corporate tax savings PROFIT SHARING. Even with the FAs “mee too” profit sharing is an easy give now.

All financial analysis presented by Spirit to the NMB is completely null and void and tilted to favor us. Ted would have to do some real magic with his two day long power point to refute this.

Lol.....yes, because that’s worked so well in the past...good luck!

Sorry, couldn’t resist.

Lear Driver 12-21-2017 05:00 AM

Another week, another Qotsa thread on APC. Dude you need to seek help for social media addiction. It's counter productive.

You're trying to help we get it, but the trolls will always outnumber you.

If nothing else come up with some better thread titles. [emoji849]

Qotsaautopilot 12-21-2017 06:02 AM


Originally Posted by Lear Driver (Post 2487100)
Another week, another Qotsa thread on APC. Dude you need to seek help for social media addiction. It's counter productive.

You're trying to help we get it, but the trolls will always outnumber you.

If nothing else come up with some better thread titles. [emoji849]

Considering this tax plan just passed yesterday and will go into affect in less than two weeks I’d say it’s very relevant to our negotiations.

Ed Force One 12-21-2017 07:18 AM

This point was raised in the conference call yesterday, as I'm sure you heard.

Lincoln Osiris 12-21-2017 01:03 PM


Originally Posted by Ed Force One (Post 2487188)
This point was raised in the conference call yesterday, as I'm sure you heard.

Some people have this thing called “work” and wernt able to listen in man.

Qotsaautopilot 12-21-2017 03:34 PM


Originally Posted by Ed Force One (Post 2487188)
This point was raised in the conference call yesterday, as I'm sure you heard.

Sadly I was working and did get some updates but none on this. If it was asked and answered I’ll follow up offline if it cannot be posted

Judge Smails 12-21-2017 04:11 PM

Here's an idea...if any of you missed the call and/or questions related to the new tax laws, you can easily follow up with the NC via email to answer any questions you have instead of relying on WhatsApp hearsay and APC trolls.

SourGrapes 12-22-2017 02:05 PM

more money in the pocket of spirit owners means more money in the pocket of spirit owners........we won't see a dime....the nmb don't give a rats ass about us and the status Qotsa will continue....what part of low tier pilot do you not get?

Lincoln Osiris 12-22-2017 02:07 PM


Originally Posted by SourGrapes (Post 2488046)
more money in the pocket of spirit owners means more money in the pocket of spirit owners........we won't see a dime....the nmb don't give a rats ass about us and the status Qotsa will continue....what part of low tier pilot do you not get?

But but but I thought trickle down economics was a sure thing! LOL


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