Tax reform is already working: AT&T awards $1,000 special bonuses to 200,000 employees

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Posted by John Kartch on Wednesday, December 20th, 2017, 12:00 AM PERMALINK

Due to the Tax Cuts and Jobs Act’s passage through congress, AT&T will give 200,000 employees a special $1,000 bonus.

Excerpt from company statement:

Once tax reform is signed into law, AT&T* plans to invest an additional $1 billion in the United States in 2018 and pay a special $1,000 bonus to more than 200,000 AT&T U.S. employees — all union-represented, non-management and front-line managers. If the President signs the bill before Christmas, employees will receive the bonus over the holidays.

“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,” said Randall Stephenson, AT&T chairman and CEO. “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.”

Read the full statement here.

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