President Trump’s Tax Reform Keeps Bringing Good News

Official portrait of President Donald J. Trump, Friday, October 6, 2017. (Official White House photo by Shealah Craighead)
Official portrait of President Donald J. Trump, Friday, October 6, 2017. (Official White House photo by Shealah Craighead)

In the last week, President Trump’s tax reform has continued to bring benefits to American workers, boosting paychecks and creating bonuses.

WASHINGTON EXAMINER: Anthem Offers $1,000 Bonuses Due to Tax Cut

“Insurance giant Anthem announced it would give $1,000 to the retirement accounts for more than 58,000 employees and recent retirees due to tax reform. The insurer said that overall it will contribute more than $58 million to employees’ 401(k) programs and it is putting together a new investment program based on changes installed from the tax bill passed late last year.”

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CNBC: Lowe’s Confirms Plans to Pay up to $1,000 Bonuses

“Lowe’s confirmed Thursday it plans to pay out one-time bonuses and sweeten benefits, saying it expects the impact of new tax law to be positive for its business in 2018. The home improvement retailer is giving more than 260,000 hourly employees bonuses of up to $1,000 and will expand benefits packages — adding adoption assistance and paid parental leave — in the wake of new tax legislation, CNBC reported on Wednesday.”

THE ASSOCIATED PRESS: Best Buy to Hand Out Bonuses to Workers

“Best Buy, the nation’s largest consumer electronics retailer, says it will hand out bonuses to more than 100,000 employees, joining a growing list of U.S. companies sharing a portion of their windfall from the federal tax overhaul with employees. The Minneapolis-based chain on Friday said that this month it will pay one-time bonuses of $1,000 to full-time workers and $500 to part-time employees.”

SIOUX CITY JOURNAL: Tyson to Pay Out $1,000 and $500 Bonuses to Employees

“Tyson Foods, Inc. has announced eligible employees will be receiving $1,000 and $500 bonuses as a result of recent changes to the tax code…. In a statement from president and CEO Tom Hayes, Tyson announced it will give its 100,000-plus worldwide employees (whose pay package doesn’t include an annual bonus) a one-time bonus. Eligible full-time employees could receive a $1,000 bonus, while eligible part-time employees could receive $500.”

THE HILL: Hostess Gives Employees $1,250, Free Snacks after GOP Tax Cuts

“Hostess Brands Inc. announced it will give workers one-time bonuses of $1,250 and one year of free snacks as a result of the new GOP tax legislation…. Workers will receive the monetary bonus in the form of $750 in cash and a $500 contribution to their 401k.”

CNBC: CVS to Hike Wages, Introduce Paid Parental Leave With Windfall from New Tax Law

“CVS Health will increase employee pay and sweeten benefits to some employees using a portion of the company’s windfall from the new tax law. CVS will boost starting pay for hourly employees to $11 per hour from $9 per hour, starting in April…. Full-time employees will qualify for as much as four weeks of paid parental leave, and worker health-care premiums will hold steady at current rates.”

THE HILL: Chipotle Announces New Employee Bonuses, Citing Tax Cuts

“Chipotle employees will see one-time bonuses of between $250 and $1,000, as well as expanded training programs and parental leave, the company announced Wednesday…. Chipotle said Wednesday that tax savings from the new law prompted it to offer its roughly 71,000 hourly and salaried employees the bonuses and new benefits.”

THE ASSOCIATED PRESS: Charter Ups Minimum Wage to $15 an Hour Citing Tax Law

“Charter Communications says it is setting its minimum wage across the board at $15 an hour, citing the impact on its business from the tax overhaul and the repeal of net-neutrality rules. That’s more than double the national minimum wage of $7.25, although it varies by state.”

THE BEAUMONT ENTERPRISE (BEAUMONT, TEXAS): SE Texas Company to Hand Out Bonuses Amid Tax Cuts

“Female-owned engineering company Leak Sealers says it’s handing out bonuses to its 100 employees, joining major retailers like Lowe’s and Walmart Inc. that are investing in workers after Congress approved a tax cut that will help businesses.”

REUTERS: BP to Boost U.S. Investment After Tax Reform: CEO

“British oil and gas company BP (BP.L) will increase investment in the United States after the lowering of tax rates under President Donald Trump, Chief Executive Bob Dudley said on Tuesday.”

FOX BUSINESS: Boeing Boosts Employee Match Program After GOP Tax Cuts

“U.S. airplane manufacturer Boeing (BA) announced Wednesday it will change its policies for volunteer and gift match programs, resulting from the tax reform package signed into law last December. The company announced $300 million in investments and earmarked $100 million toward corporate charitable investments after the legislation passed.”

 

Shared from Whitehouse.gov

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Regan Flemming
Regan Flemming
4 years ago

President Trump is simply the greatest! Thank you Sir, for all your superior leadership.

Dorothy Christopher
4 years ago

We are booming. The President is doing a fantastic job. Hopefully, people will start respecting him, for the person he is, instead of the garbage put out by the press. It’s too bad people are so ignorant to believe everything they read.

How can I get a copy of the official photo of our President. I love this picture.

peter pirzadeh
peter pirzadeh
4 years ago

Does anybody think that, one only one, democrat could come forward and have a kind word for the president who has accomplish so much for economy and business in general? Oh…..no, that would be tantamount to major failure and defeat of their ideology who has gotten them nowhere , which started nine years ago with our do-nothing ex-pres. The way it looks, the dems couldn’t recognize success in anything the president does if you hit them with a baseball bat. But then may be that is exactly what they need to bring them into reality!!!!!

Muriel L McGrann
4 years ago

good news ….for a change……but zero record of praise from the Democrats……

Carl Pyzowski
Carl Pyzowski
4 years ago

What about those crumbs Pelosi? Stand 8 hours for illegals to be put on the Democrat voting roles, but don’t stand for anything that gives LEGAL AMERICANS money inter pockets. Your party is doomed. It is full of crooks, liars, and dumb comedians thinking they are funny all at the expense of true Americans!

perfecto m fernandez
4 years ago

This is the President we are happy to have elected. May God bless him with more wisdom and excellent health.

perfecto m fernandez
4 years ago

Can’t moderate God.

Kathleen Smith
Kathleen Smith
4 years ago

Great job President Trump!

William Graham
William Graham
4 years ago

Thank you President Trump and your hard working administration!! Please stay focused on the agenda to make America Great Again!! We are on our way. Thank you and ignore the liberal babble! I love Sarah Huckabee, she is awesome!! Please keep her in place! May God Bless you.

Patricia Dargenio
Patricia Dargenio
4 years ago

Very nice to read this. MAGA!!

Anthony Whitehead
Anthony Whitehead
4 years ago

Deport ALL illegal immigrants now!!!!!

David
David
4 years ago

I think the Tax Reform & Jobs bill will be the ‘gift’ that keeps on giving! I can ‘see’ that the building ‘Blue wave’ [because of Trump’s imperfections & tweets] will ‘break’ on the ‘reef’ of the Tax Reform & Jobs bill!

Greg Matzen
Greg Matzen
4 years ago

Well done Mr. President!! You are leading the way to Make Amrrica Great Again!! Thank you for action and not typical political rhetoric.

Greg Matzen
Greg Matzen
4 years ago

Well done Mr. President!!! Thank you for leading the way to Make America Great Again!!! Thank you for taking charge and action rather than merely providing the all too typical political rhetoric Americans have constantly been exposed to all too often. Thanks for staying on message and mission!

Eddie Gardner
Eddie Gardner
4 years ago

Why is there nothing mentioned any more about Veterans pay and, Social Security benefits?

Edward w. Hoffman
Edward w. Hoffman
4 years ago

What about the General Motors
Salaried employers having all insurance benefits taking away
From them with 37 years and 40 years of employment. I think this
Should be looked at. 2008

Edward w. Hoffman
Edward w. Hoffman
4 years ago

In my retirement package was given 68,000.00 and all but 10,000.00 taken and
The Union received car vouchers and got to keep.

Lewis Tripp
4 years ago

Thank You President Trump. You are making America great again and first.

Lewis Tripp
4 years ago
Reply to  Lewis Tripp

For what?

Winnie Rock
Winnie Rock
4 years ago

Dear Mr. President, I want to thank you once again, for all you’re doing for this our Homeland! I’m proud to support you & VP Pence! My husband is a postal worker & he also delivers newspapers each morning. I also worked 2 jobs, until my hearts attacks. I can no longer work. I hope the tax cuts will help us out.
GOD bless you & our VP! God bless America!

ABUTOM
4 years ago

MY SON GOT $80.00 MORE IN HIS CRUMB POCKET THIS PAYDAY. A WOMAN I KNOW IS ANTI TRUMP SHE SAY HE HAS DONE NOTHING. I ASKED HER IF SHE HAS A 401K. SHE TURNS TO HER HUSBAND AND ASKS, DO WE HAVE A 401K. HE REPLIES, HOW DO YOU THINK WE PAID FOR THE NEW $40,000 KITCHEN. UNDER OBOMMIE THE COMMIE YOU WOULD GET AN INFRARED BULB FOR THE POPCORN MACHINE.

Manuel Salcedo
4 years ago

President Trump’s Tax Reform Keeps Bringing Good News Too All People.
Thank You Mr. President Trump’s. I am sure you are working for us all .
Also other in need. But America Frist. God Bless You Mr. President Trump.

Manuel Salcedo
4 years ago

I AM ALSO SURE YOU HAVE BEEN CHOESEN BY GOD ALSO !

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