164 Companies Credit Tax Reform For Bonuses And Pay Raises
One hundred sixty-four companies have gone on record stating they gave bonuses and pay raises to employees because of the new tax reform law, according to Americans for Tax Reform.
The businesses include: American Airlines, AT&T, several prominent savings and loan banks, Boeing, Comcast, Pacific Power, and Visa.
The list shows what each company paid in bonuses and includes attached statements or press releases, saying tax reform was the catalyst for each company’s decision.
AT&T showed direct support for President Donald Trump in their statement and said they expect the changes to produce more jobs and “economic growth.”
Congress, working closely with the President, took a monumental step to bring taxes paid by U.S. businesses in line with the rest of the industrialized world. Tax reform will drive economic growth and create good-paying jobs. In fact, we will increase our U.S. investment and pay a special bonus to our U.S. employees.” – Chairman and CEO Randall Stephenson
Americans for Tax Reform tweeted out the list and said companies also provided increased 401K contributions along with the bonuses as a result of the new tax law.
— ATR (@taxreformer) January 15, 2018
The Daily Caller News Foundation is working hard to balance out the biased American media. For as little as $3, you can help us. Make a one-time donation to support the quality, independent journalism of TheDCNF. We’re not dependent on commercial or political support and we do not accept any government funding.
Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact firstname.lastname@example.org.