Tax Cuts Already Trickling Down With Bonuses And Pay Raises

In celebration of the tax bill that was passed by The House and Senate on Wednesday, a handful of large companies have taken the opportunity to announce higher wages and more bonuses. The Republican tax bill reduces the corporate tax rate from 35% to 21% whilst allowing a one-time repatriation of overseas cash. Companies plan on sharing their proceeds with their employees and spending more money on infrastructure.

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