Donald Trump scored a major victory by passing the tax cut bill. This law is dropping taxes for so many American, from businesses to workers.It will relieve a significant burden for many Americans. Liberals are fuming, but they can’t deny the impact it’s having.
Already a long list of companies made huge announcements. Thanks to the tax cuts, they were able to give their employees huge bonuses. Large companies also announced large charitable donations. Donations in the millions. It was immediate proof that the bill was a win.
Now another company is jumping on the bandwagon. They just announced a great, post-New Years gift.
Southwest Airlines has now joined the growing crowd, announcing Tuesday that all employees would be receiving a surprise after-Christmas bonus of $1,000 and that wasn’t all…
The Dallas-based airline is awarding a $1,000 cash bonus to all of its full-time and part-time employees. The bonuses will be distributed on Jan. 8. In addition, Southwest said it will donate $5 million toward charitable causes and partner with Boeing to modernize its fleet of planes.“We applaud Congress and the President for taking this action to pass legislation, which will result in meaningful corporate income tax reform for the transportation sector in general, and for Southwest Airlines, in particular,” Southwest Chairman and Chief Executive Officer Gary Kelly said in a statement.
Yet another company rewarding their employees. All because of the tax bill. This means even more Americans enjoying bonuses because of President Trump. The Democrats will have a hard time spinning this.
Eight years of Obama and what did we get? Taxes and a ballooning deficit. Americans were burdened with lower wages and punishments from Obamacare. Only one year in office and Trump is reversing the damage. It’s almost miraculous.
This is only the beginning. Working class and middle-class earners will see more money in their paychecks. More money to support their families. More money being pumped into the economy. And less money being squandered by the government.
Who can complain about that? Liberals, of course. But as they bellyache all over the Internet, the rest of us will enjoy our extra cash.Immediately after Congress passed the Tax Cuts and Jobs Act, a series of corporations made promises to invest in their companies and their employees.
Citing the benefits afforded them by the new tax law, companies pledged everything from increased hiring and increased wages to individual bonuses and charitable donations some just in time for Christmas.
Southwest Airlines has now joined the growing crowd, announcing Tuesday that all employees would be receiving a surprise after-Christmas bonus of $1,000 and that wasn’t all.
\President Donald Trump officially signed the Tax Cuts and Jobs Act before heading to Mar-a-Lago for Christmas on Friday. While some companies have already announced they will be raising wages, giving bonuses, or giving large amounts of money to charity as a result of the new tax code, New England Patriots owner Robert Kraft had news of his own.
Shortly after signing the bill into law, Trump told reporters that Kraft, a longtime friend of the president, called to tell him that because of the new tax code, he will be building a new paper mill in North Carolina.“A friend of mine, Bob Kraft, called me last night,“ Trump said. ”He said this tax bill is incredible. He owns the New England Patriots, but he’s in the paper business and he said based on this tax bill he just wanted to let me know that he’s going to buy a big plant in the great state of North Carolina and he’s going to build a tremendous paper mill there or paper products plant.”
Other companies like AT&T, Fifth Third Bancorp, and CVS Health have said they will be giving out bonuses or hiring more people because of the extra money they will no longer pay to the federal government.