Thursday, December 21, 2017

The Trump Effect: AT&T gives EVERY worker a $1,000 bonus and Boeing, Comcast and Wells Fargo hand out wage rises and bonuses too thanks to Trump tax cuts

This didn't happen under Barack Obama who was CLUELESS on how to improve the economy. 

Daily Mail reports some of America's biggest companies gave workers a Christmas cheer Wednesday as they passed on some of their winnings from a dramatic corporate tax cut.

AT&T said that it will pay $1,000 bonuses to more than 200,000 employees - and promised to make $1 billion in new investments in the United States next year - once a tax reform bill approved by Congress is signed into law.

The Republican-controlled House and Senate have given final approval to the biggest overhaul of the U.S. tax code in 30 years, sending the sweeping bill to President Donald Trump for his signature.

As part of that bill, the tax rate on corporations will drop from 35 per cent to 21 per cent. Trump previously called the measure 'rocket fuel' for the economy.

 More here

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