Retail Giant Announces 'Trump Tax Cut' Bonus For 1 Million Employees

  • 01/11/2018
  • Source: AAN
  • by: Remington Strelivo
Retail Giant Announces 'Trump Tax Cut' Bonus For 1 Million Employees
By Revised by Reworked - Own work, Public Domain, https://commons.wikimedia.org/w/index.php?curid=9563805
The tax reform fairy strikes again: now, Walmart – a company that long angered the political left, who alleged low wages and mistreatment – is giving their employees a big financial boost.

Walmart will raise the salary of their lowest-paid, entry-level workers from $9 to $11 an hour. They will also dish out bonuses of up to $1,000 to over one million employees nationwide.

“Today, we are building on investments we’ve been making in associates, in their wages and skills development,” said Walmart CEO Doug McMillon, in a statement. “It’s our people who make the difference, and we appreciate how they work hard to make every day easier for busy families.”

Despite the desperate attacks from Democrats during the tax reform debate, with House Minority Leader Nancy Pelosi calling it "Armageddon" for the American people, the law has already had a huge, positive impact on American families.

Walmart is just one of many companies who have shared Trump's massive corporate tax cut with their employees: major companies like AT&T, Boeing, Wells Fargo, and many others have announced bonuses, pay bumps, or new hiring sprees – and cited tax reform as the reason why.
 Source: AAN
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