FedEx Announces $3.2 Billion in Wage Increases, Bonuses Due to Tax Reform
FedEx announced Friday it will commit to more than $3.2 billion in wage increases, bonuses, and other perks, thanks to tax reform.
FedEx announced Friday it will commit to more than $3.2 billion in wage increases, bonuses, and other perks, thanks to tax reform.
Former Democratic National Committee (DNC) chairwoman and Rep. Debbie Wasserman Schultz (D-FL) argued on Thursday that $1,000 bonuses as a result of tax reform don’t amount to much help. She said, “I’m not sure that $1,000 goes very far for anyone.”
Home Depot announced on Thursday that their workers can receive up to $1,000 bonuses thanks to the recently passed Tax Cuts and Jobs Act.
Another 125,000 American workers will get bonuses following the historic tax overhaul passed late last year.
United States tax cuts will result in faster economic growth not only in the U.S., but around the world. Canada and Mexico are seen as major beneficiaries of a stronger U.S. economy.
The consumer sentiment survey for January shows Americans are optimistic about the economy but think buying conditions aren’t great.
“The Democrats want to see a shutdown to get off this subject because this subject is not working for them,” Trump told reporters on Thursday. “The tax cuts and tax reform has not been working well for the Democrats.”
Apple’s massive $38 billion tax bill suggests that revenues from tax reform will be much higher and deficit much lower than estimated.
Apple announced that it will invest $350 billion in the U.S. economy over the next five years thanks to the Tax Cuts and Jobs Act.
The CEO of a Florida-based software company is making sure his employees know the reason for their fattened paychecks.
House Minority Leader Nancy Pelosi said bonuses–up to $2,000–that companies are handing out as a result of President Trump’s tax reform plan are “crumbs” but praised former President Barack Obama’s $40 tax cut for workers in 2011.
Walmart will provide a one-time bonus, raise wages, and expand benefits to their employees in response to President Donald Trump signing the Tax Cuts and Jobs Act.
Attendees of the American Farm Bureau Annual Convention in Nashville, Tennessee, rose to their feet with boisterous praise on Monday when President Donald Trump heralded the end of the death tax in the 2017 Tax Cuts and Jobs Act.
Darden Restaurants announced on Monday that they will invest $20 million in their workers thanks to the historic Tax Cuts and Jobs Act.
Democrats are unlikely to agree to a DACA deal because they think time is on their side, and they are simply incapable of compromising with President Trump on anything.
The U.S. Bureau of Labor Statistics report released on Friday revealed that the economy added 148,000 jobs in December; the unemployment rate remains at 4.1 percent.
More than 100 U.S. companies are giving their employees up to $2,000 in bonuses after President Trump’s tax reform package became law.
According to reports, Apple is set to repatriate approximately $200 billion in foreign cash as a result of the GOP tax reform bill.
Nationwide Insurance announced on Wednesday that most of their workers will receive a $1,000 bonus, and they will increase their 401(k) match rates thanks to the recently passed Tax Cuts and Jobs Act.
Southwest and American Airlines separately announced on Tuesday that they would be rewarding their employees with a $1,000 bonus as a result of the passage of the GOP tax bill.
New York Governor Andrew Cuomo told CNN’s New Day on Thursday morning that President Donald Trump’s new tax reforms are “a dagger in the heart of New York and California” because they cap the state and local tax (SALT) deduction.
The person who sent Secretary of the Treasury Steven Mnuchin a box of manure in response to President Donald Trump’s tax reform has been identified as Dr. Robert Strong, a psychologist for the Los Angeles Department of Children’s Health.
A multi-billion dollar Las Vegas resort that had skidded to a halt over the economy, regulations, and outlook has been given a rebirth after the passage of President Donald Trump’s tax reform bill, according to reports.
The Los Angeles Police Department (LAPD) bomb squad was called to the Bel Air residence of Secretary of the Treasury Steven Mnuchin on Saturday after a suspicious package was reported. It turned out to contain manure.
After Republicans repealed Obamacare’s individual mandate through the tax bill, many wonder whether Republicans can repeal Obamacare in 2018.
President Donald Trump arrived in West Palm Beach, Florida, on Friday afternoon and waved a copy of a book co-written by Breitbart News Senior Editor Joel B. Pollak, How Trump Won: The Inside Story of a Revolution.
Even though the tax debate hurt sentiment a bit in December, this year was the best for consumer sentiment since 2000.
Satirist Ami Horowitz went to New York City’s West Village, which he deemed “liberal Mecca,” to ask Liberals if they approved of the GOP tax plan disguised as having been proposed by Bernie Sanders. At first, the interviewees described the GOP’s plan
Another big American company defies critics of tax cuts by giving thousands of U.S. employees a big holiday bonus.
Thursday on TNT’s “Inside the NBA,” Hall of Famer Charles Barkley jokingly thanked the GOP for the Trump tax cut, apologizing to poor people because they “ain’t got no chance.” “Shaq, they said it’s going trickle down,” Barkley said. “I’m going to trickle my
How can the Tea Party movement, which campaigned on balancing the budget and paying down the debt, tolerate a massive tax cut that is only going to be followed by demands for more federal spending?
German economists think the GOP tax cuts will trigger a huge shift of investment and jobs from Europe into the U.S.
Hollywood director Joss Whedon released a series of tweets over a span of days, in which he attacked President Donald Trump and wrote a poem professing how he misses the days when Barack Obama was president.
Former Republican Congressman Michael Grimm (R-NY), who is challenging incumbent Rep. Dan Donovan, chided his Republican primary opponent arguing that Donovan “betrayed us once again” by voting against tax reform.
Some simply could not believe that the president enjoyed so much support from Republicans, and some suggested the Trump tax cut would hurt Republicans in the 2018 midterm elections.
Wells Fargo and Fifth Third said that they would raise the minimum wage of their employees to $15 per hour thanks to the tax cut.
Comcast announced that they will give their employees bonuses and invest over $50 billion to their employees to celebrate tax reform.
Chuck Schumer attacked AT&T just hours before the telecommunications giant announced huge bonuses and domestic investment in America.
Vice President Mike Pence proclaimed “Merry Christmas America” as he stood in front of President Donald J. Trump and a host of members of Congress gathered on the South Lawn of the White House to celebrate the passage of the Republican tax cut bill.
As President Trump checks off tax reform, none of the legal immigration reforms the White House pushed Congress to enact are projected to see the light of day before the end of the year.