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Corporate tax cuts spark real bonuses or just PR moves
After the tax cuts, AT&T Comcast and others pledged one time $1000 bonuses for 300000+ workers, with Wells Fargo and Fifth Third raising pay to $15 an hour and boosting philanthropy. Experts differ, noting possible PR benefits and limited immediate economic impact unless broad adoption occurs. Moody’s and others say investment and consumer optimism may rise, but only if many firms follow suit.
MENTIONED IN THIS ARTICLE
U.S
Congress
Trump
At&t
Comcast
Wells Fargo
Fifth Third Bancorp
Fifth Third
Boeing
Katie Barbaro
PayScale
Time Warner
Justice Department
NBC Universal
Bank of America-Merrill Lynch
Cisco
Coca
George W. Bush
Moody’s Analytics
Moody’s
Dan White
Joseph LaVergna
Americas
Natixis
Sears
Eddie Lampert
Lauren Beitelspacher
Babson College
Lampert
Stephen Opper
Reorg Research
Walmart
Greg Luken
Franklin, Tenn
Luken Investment Analytics
Target
Amazon