American Companies Announce Billions in Investment, Raises Following Tax Cuts American Companies Announce Billions in Investment, Raises Following Tax Cuts – NTK Network

American Companies Announce Billions in Investment, Raises Following Tax Cuts

Americans are already winning from Trump's tax efforts. Hundreds of thousands of AT&T employees are getting a raise.

By NTK Staff | 12.20.2017 @3:03pm
American Companies Announce Billions in Investment, Raises Following Tax Cuts

Following the passage of the GOP tax plan on Wednesday, American companies were quick to take advantage, reinvesting the windfall from the lower tax bills in their employees.

AT&T announced that 200,000 employees would receive a $1,000 bonus “due to tax reform passage,” and that they would invest $1 billion in the United States, according to CNBC:

Boeing tweeted that they would put $300 million in “employee-related and charitable investment as a result of #TaxReform.”

GOP efforts to reform the tax code appear to be immediately paying off for American workers, with two large companies reinvesting in their employees.

Democrats warned that the plan would only benefit the rich, but those predictions have been challenged by these announcements minutes after the passage of the bill.

Sign Up

for NTK updates every week.


View Privacy Policy