Boom: 164 Companies Give Bonuses, Lower Fees To Millions, Citing Trump Tax Cuts
Amazing what we can do with a little less government interference in our daily lives.
A list of 40 firms offering millions of employees bonuses and customers fee cuts has surged to 164 in just 10 days as the likely financial benefit of President Trump’s tax reform has started to settle in.
“You’ve likely seen the news about U.S. tax reform. We believe these tax changes will be positive for our company and provide us the opportunity to do good things for our Crewmembers, customers, and shareholders,” said Jet Blue, which is offering a $1,000 bonuses to 21,000 employees.
Just in 20 days, Americans have seen more than 2 million workers getting raises and bonuses. pic.twitter.com/okEyUoGmQl
— Paul Ryan (@SpeakerRyan) January 14, 2018
Even before the list expanded in the past week, the bonuses, wage increases and rate hikes being offered by big and small companies and public utilities was praised by President Trump and House Speaker Paul Ryan.
“President Trump is not getting the credit he deserves for the economy. Tax Cut bonuses to more than 2,000,000 workers. Most explosive Stock Market rally that we’ve seen in modern times. 18,000 to 26,000 from Election, and grounded in profitability and growth. All Trump, not 0…
— Donald J. Trump (@realDonaldTrump) January 14, 2018
Some companies are offering bonuses up to $3,000, increases in 401k contributions and wage hikes. Read more at Washington Examiner.
Why do Democrats hate tax cuts and less job-killing regulations?
Yep! Corporations are desperate to convince voters that these tax cuts are benefitting American workers. Cheapest way to change minds: credit the tax plan for things they were going to do anyways.
— Bryce Anderson (@darth_schmoo) January 14, 2018
Only more than 2 million Americans? wow that’s what?….not even 10% of the full work forces of the USA?
— Georgi (@Georgi29) January 14, 2018
No thanks to you or the GOP!
— Drumpf (@DDrumpf16) January 14, 2018
Are you serious? Do you have a TV? Stop patting yourself on the back for this horrendous tax bill while Rome is burning. Remove this President!
— Linda DelGaudio (@linneydel) January 14, 2018
LYING TO AMERICANS ON TWITTER IS NOT GOING TO KEEP YOU IN POWER! it works on that idiot’s idiots base, but no the ones you’ll need to keep control of the house, idiot.
— maris (@maris22maris) January 14, 2018
Fortunately you will be replaced very soon. You have sufficient funds to retire, assuming you will have the same benefits in the future. Unfortunately you may assume future Congresses will eliminate Congressional retirement benefits. Your actions today have set that future.
— Marion (@oldwac1) January 14, 2018
Donald Trump Spreads Economic Fairy Dust | The Nation https://t.co/G2XaYBePhl
— Forever Logical (@ForeverLogical) January 14, 2018