The difference between a Career Establishment Politician and an outsider who is a businessman is obvious, he showed that, with his latest tax plan!
The House passed the most sweeping tax overhaul in decades on Tuesday, taking a significant step to cutting taxes for most American households and businesses.
Now American businesses announce major bonuses for employees because of Trump Tax Reform!
AT&T plans to invest an additional $1 billion in the U.S. in 2018 and pay a special bonus of $1,000 to more than 200,000 U.S. employees once the Republican tax reform bill is signed into law.
“If the President signs the bill before Christmas, employees will receive the bonus over the holidays,” AT&T said in a press release Wednesday.
Today another giant U.S. corporation announced bonuses on Friday that are directly related to a sweeping reform of America’s income tax code.
Bank of America said it would cut $1,000 holiday checks to more than 145,000 of its employees – all non-executives who earn less than $150,000 per year.
Goldman Sachs analysts estimated in December that the Republican tax cuts, which include a reduction in the corporate rate from 35 per cent to 21 per cent, would likely boost the earnings of big banks by more than one-eighth in 2018.
CEO Brian Moynihan said in a letter to his workforce that ‘in the spirit of shared success, we intend to pass some of those benefits along immediately.’
President Donald Trump had already extended his tax-cut victory dance Friday morning, taking credit for a wave of corporate bonus announcements in the wake of his legislative victory on Wednesday.
This is why the Democrats fight the tax cuts, this will hurt them in the midterms when the economy starts to rock. The Democrats don’t want Trump to succeed and the American people to better themselves.
Alex D is a conservative journalist, who covers all issues of importance for conservatives. He writes for Supreme Insider, Red State Nation, Defiant America, Right Journalism, Conservative US. He brings attention and insight from what happens in the White House to the streets of American towns, because it all has an impact on our future, and the country left for our children. Exposing the truth is his ultimate goal, mixed with wit where it’s appropriate, and feels that journalism shouldn’t be censored. Join him & let’s spread the good word!