(National Sentinel) Payday: The White House said in a statement on Friday that the number of American workers who unexpectedly received end-of-year bonuses from their companies following passage last month of historic tax cut legislation has topped 1 million.
“More than one million hardworking Americans have already received a ‘Trump Bonus’ or ‘Trump Pay Raise’ as a result of the historic tax reform package that President Donald J. Trump signed into law just before Christmas,” the statement began.
“President Trump said from the beginning that lowering tax rates, simplifying the complicated tax code, and making our companies more competitive would be the fuel that propels our economy to new heights,” the statement continued.
“The preliminary results show that the President is right, and American workers and families are the big winners. And this is only the beginning,” the statement continued. “The President remains focused on empowering Americans to build more prosperous lives for themselves and brighter futures for their children.”
Republicans in the House and Senate rallied nearly in unison to support the tax cuts.
The number of American companies that have paid out bonuses to employees has topped 100, officials said.
“Small businesses from across the country are sending me news of their tax-cut bonuses, wage hikes, and charitable donations. Many of these were only announced internally. There is a broad and deep tsunami building,” John Kartch of Americans for Tax Reform told the Washington Examiner.
His organization is currently tracking the companies who have surprised their workers with the extra funds.
ATR’s President Grover Norquist said the bonuses were nullifying Democrats’ attacks on the tax cut package.
“Every announcement of another company raising wages, hiring, paying bonuses, investing in America is another nail in the coffin of the Democrat attacks on the Republican tax cut. This drip, drip, drip is added to the daily reports on stock market gains, the bigger checks in pay envelopes and the jump in your 401K and IRA,” he said.
Democrats and their supporters in the media have been voicing concerns that the tax cuts will cause them to lose support among key constituents such as Millennials in the 2018 elections and beyond.
Advertising disclaimer: Click here
What are your thoughts?Click here for reuse options!
Copyright 2018 The National Sentinel