List Of Companies Who Gave Out Bonuses After Tax Cuts

After President Donald Trump signed the Tax Cuts and Jobs Act of 2017 back in December, a lot of companies have announced they are offering bonuses to their employees thanks to the bill.

According to USA Today, here is a list of companies who gave out bonuses after Trump signed the Tax Cuts and Jobs Act of 2017.

COMPANY

BONUS

NO. OF EMPLOYEES GETTING BONUS

AT&T

$1,000

200,000

Alaska Airlines

$1,000

19,000

American Airlines

$1,000

130,000

Bank of America

$1,000

145,000

BB&T*

$1,200

27,000

Comcast

$1,000

100,000

Fifth Third Bank**

$1,000

13,500

JetBlue

$1,000

21,000

Nationwide

$1,000

29,000

PNC Financial***

$1,000

47,500

Sinclair Broadcast

$1,000

9,000

Southwest Airlines

$1,000

55,000

Travelers

$1,000

14,000

U.S. Bancorp

$1,000

60,000

Walmart

up to $1,000

1,300,000+****

*BB&T also raised minimum hourly pay rate from $12 to $15, effective Jan. 1, 2018

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**Fifth Third Bank also boosted minimum wage to $15 per hour for all employees

***PNC Financial also will raise minimum pay rate to $15 an hour by the end of 2018

****There were about 1.3 million U.S. employees who worked At Walmart in 2013. The number is likely higher today.

(SOURCE USA TODAY research, company announcements, Americans for Tax Reform, Associated Press)

“One of the big things that happened — you have some companies. I want to thank AT&T, who actually was the first out of the box, and Boeing, and Sinclair, and Wells Fargo, and Comcast — even though they own NBC, which is not so nice to the presidency or the President. But Comcast also,” President Trump said before Christmas. “They all have made tremendous contributions to their employees and tremendous contributions to spending money on this country because of the tax bill. And they all said it’s because of the tax bill.”

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