Democrats confounded: Immediate benefits flow from tax reform

Yesterday was a glorious day in America because of the tax cuts and tax reform bill.  It is going to work much faster and better than almost anyone thought because the corporate cuts were so big and so bold.  It is truly going to help the lower and middle classes and lift minorities and others up instead of making more people dependent on government. Within hours of the tax cut passing: AT&T is giving its hourly employees (mostly unions) a $1,000 year-end bonus and is boosting capital spending by $1 billion in the U.S. in 2018. Wells Fargo said it is raising minimum wages to $15 per hour. Fifth Third Bank is giving year-end bonuses to the 13,500 employees that are not senior executives and is raising the minimum wage to $15 per hour. Boeing said it is putting an additional $300 billion into charitable and employee-related expenses as a result of the tax changes.  Comcast is giving $1,000 bonuses to 100,000 non-executive...(Read Full Post)