Author Topic: List: Companies Giving Bonuses, Wage Hikes Due To Trump Tax Cuts  (Read 489 times)

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Offline To-Whose-Benefit?

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CNSNews
 Craig Bannister | January 4, 2018 | 3:56 PM EST

[excerpt]

https://www.cnsnews.com/blog/craig-bannister/list-companies-giving-bonuses-wage-hikes-due-trump-tax-cuts

A growing number of companies are announcing plans to be more generous to their employees as a result of the new tax reform law.

Americans for Tax Reform (ATR) is maintaining a dynamic list of businesses that announce increased spending on employees “thanks to tax cuts.” ATR is also soliciting news of additional company announcements.

Businesses related to the financial services industry comprise more than a third of the nearly one hundred company announcments.

Except where noted, companies listed below (as of Jan. 4, 2018 – 2:25 p.m. ET) have announced either bonuses or wage increase, or both:
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Offline Applewood

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Re: List: Companies Giving Bonuses, Wage Hikes Due To Trump Tax Cuts
« Reply #1 on: January 05, 2018, 01:07:27 pm »
Well, Comcast is raising prices, so I suspect we customers are paying for those bonuses.

I've been thinking that maybe there is more than the tax fix package at work here.  Maybe it's due to just a general feeling of freedom and optimism after 8 years of Obama's heavy-handed rule.  I know I feel a lot better and so does my retirement nest egg.
« Last Edit: January 05, 2018, 01:09:37 pm by Applewood »

Offline LMAO

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Re: List: Companies Giving Bonuses, Wage Hikes Due To Trump Tax Cuts
« Reply #2 on: January 05, 2018, 01:17:56 pm »
Excessive regulations do more harm to the economy than high taxes.  Tax law ,  even if it’s complicated and requires accountants to be able to understand it, is pretty cut and dry.

 Regulations put forth by government agencies can be interpreted by any bureaucrat and  can easily change from year-to-year.

 It was the regulatory climate during the Obama years that kept our economy from truly growing
« Last Edit: January 05, 2018, 01:18:24 pm by LMAO »
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Offline Applewood

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Re: List: Companies Giving Bonuses, Wage Hikes Due To Trump Tax Cuts
« Reply #3 on: January 05, 2018, 01:24:28 pm »
@LMAO

You are so right and I will give Trump credit for doing away with many of these regulations.  I would be very happy if he could remove all traces of Obama. 

Not sure Obamacare will ever be fully repealed.  It will be around in some form or another.  But everything else -- yes, get rid of it all. 

Offline Right_in_Virginia

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Re: List: Companies Giving Bonuses, Wage Hikes Due To Trump Tax Cuts
« Reply #4 on: January 05, 2018, 11:05:05 pm »
Quote
Over 100 companies giving 'Trump Bonuses' after tax victory, 'tsunami building'
Washington Examiner, Jan 4, 2018, Paul Bedard

The number of companies offering employee bonuses, pay hikes, and increases in benefits in reaction to President Trump’s December tax reform victory is now over 100, with thousands of workers impacted and charities too.

Less than a day after Americans for Tax Reform put out an initial list of 40, it jumped to 52 as more company plans poured in.

And by the end of today, ATR’s John Kartch told Secrets that the list will hit over 100. "Small businesses from across the country are sending me news of their tax-cut bonuses, wage hikes, and charitable donations. Many of these were only announced internally. There is a broad and deep tsunami building," added Kartch, ATR's vice president of communications.

More: http://www.washingtonexaminer.com/over-100-companies-giving-trump-bonuses-after-tax-victory-tsunami-building/article/2644944


Quote
Washington Examiner ‏ Verified account @dcexaminer 46m46 minutes ago
 Over 1 million getting "Trump Bonus" from tax reform victory, up to $3,000 http://washex.am/2EdgNbr