Companies trumpet bonuses, pay hikes after Congress passes tax bill
Wednesday, December 20, 2017 | Tag Cloud Tags: Congress, News, PLO, tax, Tax Reform, Trump, War, Washington, Worthy News
(Worthy News) – Multiple companies announced Wednesday they plan to reward employees with higher wages and bonuses due to the tax bill passed by the Republican-led Congress.
Wells Fargo, Boeing, Fifth Third Bancorp, and Comcast each announced additional investments and attributed the changes to the tax reform legislation.
The announcements follow that of AT&T, which said earlier Wednesday it plans to award $1,000 bonuses to 200,000 union-represented, nonmanagement, and front-line management employees once President Trump signs the tax bill. The telecom company also said it will invest $1 billion in the U.S. next year. [ Source: Washington Examiner (Read More…) ]
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.
