The Republican Party’s tax reform has made its way to North Carolina. “Evil corporations” are handing out bonuses and pay raises. Here is an excerpt from an op-ed from Senators’ Burr and Tillis:
Less than two weeks after taking effect, Americans are already starting to see the benefits. One company has already cancelled plans to move its headquarters overseas, due to tax reform. Many North Carolinians are starting to feel the benefit, too. Charlotte Pipe and Foundry has announced its 1,400 employees will receive a $1,000 bonus, and American Airlines is awarding $130 million in bonuses to all non-officer employees, 11,000 of whom are based in North Carolina.
Bank of America, headquartered in Charlotte, is giving 145,000 employees a $1,000 bonus. BB&T, headquartered in Winston-Salem, has announced it is raising its minimum wage to $15, and awarding $1,200 bonuses to many of its 27,000 employees. And Old Dominion Freight Line, headquartered in Thomasville, announced bonuses to all 22,000 employees. This is real money going into the bank accounts of real people.
According to multi-millionaires like Nancy Pelosi these are crumbs. Well at least these crumbs aren’t going into Washington D.C.’s black hole.
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