Still Keeping Promises

2017 Bitter Clingers toon

“With Home Depot and Starbucks moving to offer employees bonuses as a result of President Trump’s tax reform package, the total number of firms rewarding workers has reached 250, a jump of 525 percent in just two weeks,” Washington Examiner reports. “The companies have credited the tax changes for plans to offer bonuses of up to $3,000, increases in retirement plans, wage hikes and even adoption benefits,” Paul Bedard writes.

Reuters reports that FedEx “will spend more than $3.2 billion on wage increases, bonuses, pension funding and capital investment, taking advantage of the U.S. tax overhaul signed into law in December.” Eric M. Johnson writes that “the announcement makes FedEx the latest U.S. company to promise higher pay for workers, citing the tax cuts.”

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