The President said companies are giving big bonuses to their workers because of the “Tax Cut Bill,” and the national media is offering a number of examples to back up this claim, but will the new law actually benefit most employees?
It all depends who you ask.
Yes, a number of major corporations have pledged to pass along some of the savings they’ll reap from the new 21% corporate tax rate (down from 35%) in the form of raises, bonuses and new investments in human capital.
One major example is AT&T. The company announced it would give a $1,000