AT&T is already announcing how the Republican tax plan is going to make their employees VERY happy, and provide evidence for how cuts help the common worker.
Here’s Trump making the big announcement:
Trump reads AT&T announcement of a Christmas bonus in response to tax cuts https://t.co/t6lwEywMpo pic.twitter.com/KjUAgWOMfb
— Washington Examiner (@dcexaminer) December 20, 2017
I’m sorry, I don’t care who you are, that’s awesome news for AT&T and their employees. Instead of the U.S. government wasting that tax money, it’s gonna go to those who work hard for it.
AND that’s not all – they’re investing one BILLION dollars in the U.S. because of the tax plan:
The telecom giant said in a press release on Wednesday that it would give more than 200,000 U.S. union members a special bonus of $1,000. The company also increased its capital expenditures budget by $1 billion in the U.S.
“Congress, working closely with the President, took a monumental step to bring taxes paid by U.S. businesses in line with the rest of the industrialized world,” CEO Randall Stephenson said in a statement. “This tax reform will drive economic growth and create good-paying jobs. In fact, we will increase our U.S. investment and pay a special bonus to our U.S. employees.”
AT&T had previously said it would invest $1 billion in the U.S. if “competitive” tax reform legislation was passed, and has said that tax reform framework could increase demand for AT&T’s services. The new tax laws are expected to drop the corporate tax rate to 21 percent from the current 35 percent and includes other measures that Republicans say will spur businesses to invest domestically.
I’m a big critic of Trump, but you have to be truly deranged (or a commie) to not see this as an awesome development and big win for the Trump administration. #MAGA!