As we reported today, despite the wailing and gnashing of teeth by Democrats over the just-passed GOP tax cuts, with liberals predicting end-of-the-world scenarios if Americans were allowed to keep more of their own money, AT&T announced on Wednesday that it will be paying 200,000 employees an extra $1,000 extra Christmas bonus because of the tax reform bill.
Well, it turns out that AT&T isn’t the only company to utterly embarrass progressive leftists like Chuck Schumer, Elizabeth Warren, Nancy Pelosi, and Bernie Sanders who’ve been poisoning the airwaves with Marxist claptrap the past several weeks.
On Wednesday, at least four more major companies announced that good things are already happening as a result of what will be a large cut in the corporate income tax rate, which will go from 35% — the highest in the industrialized world — to 21%, which will make America much more competitive to the rest of the world.
Some are paying bonuses and some are even raising their minimum wage to $15 per hour — but they’re doing it not based on government force — which is what Democrats have proposed, but voluntarily because they’ll be sending less money to the DC Swamp. Others are joining AT&T in giving extra $1,000 Christmas bonuses, while two companies announced huge charitable donations.
Comcast, Boeing, Wells Fargo, and Fifth Third Bankcorp all made an announcement, crediting the GOP tax bill, as CNBC reported:
JUST IN: Comcast to give $1,000 bonuses to more than 100K "eligible frontline and non-executive employees" & invest $50 billion over the next five years in infrastructure "based on the passage of tax reform". https://t.co/YKho1O67Ek
(Disclosure: Comcast is parent co. of CNBC)
— CNBC (@CNBC) December 20, 2017
JUST IN: Wells Fargo hikes its hourly pay rate to $15 & will aim for $400M in philanthropic donations next year due to the newly-passed GOP tax bill. https://t.co/GmM8bT0zjh
— CNBC (@CNBC) December 20, 2017
JUST IN: Fifth Third Bancorp announces plan "to raise its minimum hourly wage for all employees to $15, and distribute a one-time bonus of $1,000 for more than 13,500 employees" following passage of tax bill. https://t.co/GmM8bT0zjh
— CNBC (@CNBC) December 20, 2017
#Boeing announces $300M employee-related and charitable investment as a result of #TaxReform legislation to support our heroes, our homes and our future. pic.twitter.com/ZNawbAW7AY
— The Boeing Company (@Boeing) December 20, 2017
All things Democrats — who pretend to be for the “little guy” — should be celebrating, right?
Wrong!
They are upset that more people are getting to keep more of their own money and it’s not all going to the politicians and bureaucrats in the DC Swamp.
h/t: The Right Scoop
