President Trump hasn't even signed the Republican tax cut package into law yet, and already American companies are beginning to reinvest their savings to make a stronger American economy.
A handful of companies are announcing new tax cut bonuses and wage increases for their employees, exactly as Republicans predicted would happen if business taxes were lowered.
AT&T was the first company to declare plans to invest $1 billion in capital into the U.S. economy and provide a $1,000 bonus to more than 200,000 of its U.S. employees.
JUST IN: AT&T announces it will "pay a special $1,000 bonus to more than 200,000 AT&T U.S. employees" due to tax re… https://t.co/teEYW1Dknt— CNBC Now (@CNBC Now)1513797139.0
A similar announcement was made by Fifth Third Bancorp, which will be raising its minimum wage for all employees to the Left's coveted $15 an hour "living wage."
JUST IN: Fifth Third Bancorp announces plan "to raise its minimum hourly wage for all employees to $15, and distrib… https://t.co/Ezw9tW9NCn— CNBC Now (@CNBC Now)1513803620.0
Ditto Wells Fargo, which will try to donate $400 million to charity next year because of the tax bill.
JUST IN: Wells Fargo hikes its hourly pay rate to $15 & will aim for $400M in philanthropic donations next year due… https://t.co/Ud3wFFqqUX— CNBC (@CNBC)1513805770.0
And Boeing has announced $300 million in "employee-related and charitable investments to spur innovation and growth."
#Boeing announces $300M employee-related and charitable investment as a result of #TaxReform legislation to support… https://t.co/xIZQAQMw1G— The Boeing Company (@The Boeing Company)1513793108.0
Boeing's full statement on tax reform: "Boeing CEO Muilenburg Applauds Tax Law, Announces $300 Million in Employee… https://t.co/QSRTE3r7Tu— Ryan Saavedra (@Ryan Saavedra)1513800523.0
So much for all those greedy CEOs the Left warned us about hogging all their tax cuts for themselves. It hasn't even been a day since Congress passed tax reform, and Americans are seeing higher wages and more capital investment to grow the economy.
This is what making America great again looks like.