Leftists Steaming After AT&T Gives Thousands of Employees a Big Bonus In Honor of the GOP Tax Cuts
AT&T is only too pleased about the economic growth set to happen thanks to the passage of the GOP’s new tax bill, and to celebrate, the telecommunications corporation is giving away $1,000 to 200,000 employees as a bonus. As you can imagine, this isn’t sitting well with Democrats, who have been preaching fire and brimstone about the bill nonstop.
According to CNBC, AT&T was “quick to respond” to the passage of the tax bill, which drops the U.S. corporate tax rate from 35 percent to 21:
The telecom giant said in a press release on Wednesday that it would give more than 200,000 U.S. union members a special bonus of $1,000. The company also increased its capital expenditures budget by $1 billion in the U.S.
“Congress, working closely with the President, took a monumental step to bring taxes paid by U.S. businesses in line with the rest of the industrialized world,” CEO Randall Stephenson said in a statement. “This tax reform will drive economic growth and create good-paying jobs. In fact, we will increase our U.S. investment and pay a special bonus to our U.S. employees.”
The announcement was met with suspicion to fury by the left. After all, everyone was supposed to suddenly die once the bill was passed.
Some believe that AT&T is doing this to make Republicans and Trump look good, which will in turn help them complete their merger with Time Warner. The merger is currently being investigated by the Justice Dept., and some leftist believe this is something of a greasing of the wheels to get things moving.
Of course, it’s all conspiracy!