1,000,000 Workers Have Received Bonuses Following Trump’s Tax Revamp

On December 22, President Donald J. Trump signed the most extensive tax reform in three decades. Some said it couldn’t be done. Congressional Republicans united and passed it before Christmas. It was on top of other great economic news. The fourth quarter growth was pretty much at four percent. Consumer confidence was at a 17-year high. Unemployment dropped to its lowest levels in two decades, and for the first time in 11 years, CNBC’s economic survey found that a majority was optimistic about the economy heading into 2018. Not only that, but the tax bill prompted scores of companies to dole out bonuses, increased U.S. investments, and boost philanthropic giving. In some states, like Nevada, it prompted developers to finally move forward on a new resort project that created 11,000 news jobs. It sounds like Rep. Jacky Rosen (D-NV) will have to explain why she didn’t want this to happen.

Paul Bedard at Washington Examiner has compiled a list of over 100 companies that have given at least $1,000 in bonuses to their workers, some cases it’s gone as high as $3,000. In all, over one million workers have received bonuses thanks to Trump’s tax bill:

Over 1 million American workers with over 100 companies are set to receive a bonus, pay hike or retirement increase as a direct result of President Trump’s tax reform package.

The latest list from Americans for Tax Reform, which has been collecting the names of firms paying the Trump bonus, finds that some are paying as much as $3,000.

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