Economy

AT&T is giving $1,000 bonuses to 200,000 employees after tax bill

posted by Hannity Staff - 12.20.17

AT&T said it will give its U.S. employees a special bonus as a result of the Republican tax reform bill.

More than 200,000 employees of the telecom giant will be eligible for a $1,000 bonus, AT&T announced. The company will cut the bonus checks over the holidays if President Donald Trump signs the tax bill before Christmas, as expected.

AT&T said all union-represented and non-management employees, as well as front-line managers, will receive bonuses.

AT&T also announced that once tax cuts are made official, it will enact a plan to invest an additional $1 billion in the U.S. next year.

AT&T also announced that once tax cuts are made official, it will enact a plan to invest an additional $1 billion in the U.S. next year.

The $1.5 trillion tax package includes a substantial cut to the federal corporate rate, which will drop to 21% from 35%. The bill will also lower tax rates for individuals and small businesses.