Excitement for #TaxCutsAndJobsAct continues is a central theme for Erik Paulsen’s re-election … as he tweets about various companies who have made various announcements that the GOP wants voters to be believe would not have happened without their signature accomplishment.
As such, the MN Political Roundtable will be evaluating some of these claims and offering additional information for voters to consider.
Previously, McDonalds’s #ArchwaysToOpportunity program (which had started in 2015) was cited by Congressman Paulsen and evaluated in this commentary as well as his claim about pensions and United Parcel Service was reviewed yesterdat.
The latest tweet deserves a quick analysis
Today's #TaxReform good news story that shows the #TaxCutsandJobsAct is helping all employees, including hourly wage earners: @tacojohns announced it would be giving ALL full- and part-time team members bonuses as a result of its tax savings
— Rep. Erik Paulsen (@RepErikPaulsen) April 9, 2018
Well, before addressing the #PaulsenSpin that should embarrass a #MathGuy, a quick question :
If EVERY Taco John employee in MN03, gave their tax bonus to the Paulsen For Congress campaign, how much would he receive ?
A quick look at the Taco John statement tells a lot :
In response to the 2018 Tax Cut and Jobs Act, Taco John’s Mexican restaurant franchise gave part of our projected tax savings to Taco John’s restaurant crews, general managers, corporate staff and the national not-for-profit organization CORE (Children of Restaurant Employees), which grants support to children of food and beverage service employees who are navigating life-altering circumstances.
Every full-time and part-time restaurant crew member received $200 (after taxes)
General managers and employees at the Taco John’s Franchisee Support Center in Cheyenne received $1,000 each
The total amount that Taco John’s International, Inc. gave exceeded $150,000.00.
For those that have never experienced the Taco John dining experience, it was highlighted in the Fall 2015 edition of LEISURE AND HOSPITALITY INTERNATIONAL Magazine
Revenue: $340 million
HQ: Cheyenne, Wyo.
Specialty: Mexican quick-serve restaurant
OK … get the picture … Taco John’s is a franchise … and for tax purposes a pass-through business.
Actually, TJI owns only 10 stores with approximately 175 store employees.
Franchises operate 392 stores …. thus their total number of employees of 6,100 includes franchises.
OK … now, let’s do the math.
If $150,000 is the total amount and there are 6,100 employees, which equates to less than $25 each.
If 6,100 employees received a minimum of $200 each, that equates to more than $1,200,000.
Thus, ya gotta assume that Taco John’s is not providing any monies to the franchisees to give to their employees and instead the $150,000 is being given to corporate staff and the ten company-operated franchises.
And now another math question.
If a full-time employee is given a $200 bonus, how much is that per hour ?
Quick answer … under a dime per hour.
Lastly, a political question.
Who has been a donor to the Paulsen For Congress campaign ?
Answer … the International Franchise Association which has funneled money from an owner of nine Minnesota Taco John’s franchises to Erik Paulsen.
Funny thing that the #MathGuy isn’t promoting those facts … yep, the #PaulsenSpin is offering #AlternativeFacts when it comes to who is benefiting from #TaxCutsAndJobsAct.