Last month, Congress passed the historic Tax Cuts and Jobs Act. Tax relief is upon us for American workers, families, and job creators. Come February, there will be more money in your paycheck. Workers are already seeing the benefits of this historic tax cuts bill. Businesses across the country are now giving bonuses, pay raises, and making new investments that will get our economy back on track. Pennsylvania's own AccuWeather provided a year-end bonus to all employees due to the strong confidence in the United States and global economy now that tax reform passed. And AccuWeather isn't alone. Thanks to tax reform, Wells Fargo boosted its minimum wage for employees to $15 an hour and targeted $400 million in nonprofit donations this year. AT&T paid more than 200,000 U.S. employees $1,000 each and increased its capital spending budget by $1 billion. Sinclair Broadcast Group paid $1,000 bonuses to nearly 9,000 employees. These are just some of the many businesses that are rewarding their employees, thanks to tax reform, fair and simple. ____________________
On the recordJanuary 8, 2018
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