The Democratic party leaders are up in arms over the passage of the GOP tax cuts and many of them are claiming that companies are not going to invest in their employees but rather pay dividends to stock holders and horde the money for themselves. I have no doubt that many companies will do this however we are beginning to see some companies say they will be giving out bonuses and raising the pay of their employees because of the tax cuts.
AT&T announced they would be giving all employees a $1,000 bonus and will be investing $1 billion in the United States:
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…
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