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December 20, 2017

AT&T Will Pay Employees a Special $1000 Extra Bonus for Christmas in Observance of the Tax Cut Passing
Plus: Video of Trump's Remarks at Official Announcement Event

They'll also boost capital spending (investment in long-term infrastructure and assets) by one billion.

NEW -- AT&T announces it will "pay a special $1,000 bonus to more than 200,000 AT&T U.S. employees" because of the tax reform passage and will also increase US capital spending by $1 billion
— Steve Kopack (@SteveKopack) December 20, 2017

This is contingent on Trump signing the bill before Christmas, which, of course, he will -- he tweeted out that he promised America a "big, beautiful tax cut" and he'll be delivering on that:

This statement is amazing pic.twitter.com/6VktITamsT
— Elizabeth Harrington (@LizWFB) December 20, 2017

At virtually the exact same time AT&T was making this announcement, Charles Schumer was claiming the tax reform bill does not benefit workers, but only rich executives at companies like AT&T:

.@SenSchumer: "Over the last ten years, AT&T has paid an average tax rate of 8% a year; they have 80,000 fewer employees today than they had then. Tax breaks don't lead to job creation. They lead to big CEO salaries and money for the very, very wealthy." pic.twitter.com/2uct3u0mY6
— Evan McMurry (@evanmcmurry) December 20, 2017

these two things happened almost simultaneously https://t.co/KLQeBDfdu1 pic.twitter.com/QqGEO1QBwi
— Michael Del Moro (@MikeDelMoro) December 20, 2017

UPDATE: WELLS FARGO ANNOUNCES PAY HIKES!:

JUST IN: Wells Fargo hikes its hourly pay rate to $15 & will aim for $400M in philanthropic donations next year due to the newly-passed GOP tax bill. https://t.co/GmM8bT0zjh
— CNBC (@CNBC) December 20, 2017

Below, Trump's remarks at an event marking the passage of the bill.

posted by Ace at 04:36 PM

| Access Comments


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NEW -- AT&T announces it will "pay a special $1,000 bonus to more than 200,000 AT&T U.S. employees" because of the tax reform passage and will also increase US capital spending by $1 billion — Steve Kopack (@SteveKopack) December 20, 2017 This is contingent on Trump signing the bill before Christmas, which, of course, he will -- he tweeted out that he promised America a "big, beautiful tax cut" and he'll be delivering on that: This statement is amazing pic.twitter.com/6VktITamsT — Elizabeth Harrington (@LizWFB) December 20, 2017 At virtually the exact same time AT&T was making this announcement, Charles Schumer was claiming the tax reform bill does not benefit workers, but only rich executives at companies like AT&T: .@SenSchumer: "Over the last ten years, AT&T has paid an average tax rate of 8% a year; they have 80,000 fewer employees today than they had then. Tax breaks don't lead to job creation. They lead to big CEO salaries and money for the very, very wealthy." pic.twitter.com/2uct3u0mY6 — Evan McMurry (@evanmcmurry) December 20, 2017 these two things happened almost simultaneously https://t.co/KLQeBDfdu1 pic.twitter.com/QqGEO1QBwi — Michael Del Moro (@MikeDelMoro) December 20, 2017 UPDATE: WELLS FARGO ANNOUNCES PAY HIKES!: JUST IN: Wells Fargo hikes its hourly pay rate to $15 & will aim for $400M in philanthropic donations next year due to the newly-passed GOP tax bill. https://t.co/GmM8bT0zjh — CNBC (@CNBC) December 20, 2017 Below, Trump's remarks at an event marking the passage of the bill. posted by Ace at 04:36 PM \| Access Comments <script language="javascript" src="http://adserver.adtechus.com/addyn/3.0/5235/1131537/0/170/ADTECH;loc=700;cookie=info;target=_blank;key=key1+key2+key3+key4;grp=[group]"></script><noscript><a href="http://adserver.adtechus.com/adlink/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" target="_blank"><img src="http://adserver.adtechus.com/adserv/3.0/5235/1131537/0/170/ADTECH;loc=300;key=key1+key2+key3+key4;grp=[group]" border="0" width="300" height="250"></a></noscript>	Recent Comments [/i][/b]andycanuck (hovnC)[/s][/u]: "Maral Salmassi @MaralSalmassi Despite claims made ..." jimmymcnulty: "Are Australian pizzas served upside down. 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AT&T Will Pay Employees a Special $1000 Extra Bonus for Christmas in Observance of the Tax Cut PassingPlus: Video of Trump's Remarks at Official Announcement Event

AT&T Will Pay Employees a Special $1000 Extra Bonus for Christmas in Observance of the Tax Cut Passing
Plus: Video of Trump's Remarks at Official Announcement Event