Tax Reform is Delivering

Tax Reform is Delivering

The tax reform law is already making a meaningful difference for America’s workers, families, and communities.

As a result of tax reform, American businesses are creating tens of thousands of jobs and making major investments that will boost paychecks and strengthen our nation’s economy.


America’s businesses and workers now have a tax code that will help them compete and win.

Hundreds of U.S. businesses – including many Business Roundtable member companies – are responding to tax reform by announcing bonuses, raises, and increased family leave and retirement benefits for their workers.



Pay will rise soon for 50,000 Wells Fargo workers, CEO says

Marriott employees will get $140 million after corporate tax breaks

CVS Health Investing in Long-Term and Sustainable Wage Increases and Benefits Enhancements Following Tax Reform

BP to boost U.S. investment after tax reform

Anthem offers $1,000 bonuses due to tax cut

Best Buy giving bonuses because of corporate tax cuts

UPS Boosts Investments By $12 Billion On Favorable Tax Law Impact

Harris Corporation Announces Tax Reform Investment Plans

Cigna increases minimum wage to $16 an hour and further accelerates investments in employees and community health

Pitney Bowes to Make Long-Term Investment in Employees and Clients In Response to Tax Reform

Pfizer Gains From Tax Law, Pledges to Boost Spending in U.S.

Honeywell to increase 401(k) match in the U.S. due to strong 2017 and enactment of new tax legislation

ExxonMobil credits tax reform in announcement to invest more than $50 billion over the next 5 years to expand business in the U.S.

Lockheed Martin to invest $200 million in R&D and capital expenditures in 2018, contribute $5 billion toward pension requirements over next 3 years

FedEx commits more than $3.2 billion in wage increases, bonuses, pension funding and expanded U.S. Capital investment following passage of tax reform

Verizon employees to receive shares of stock as part of company’s expected tax savings

Home Depot to give bonuses of up to $1,000 to U.S. hourly workers

American Express credits tax reform with 2018 investment increase in growth initiatives and employee profit sharing

Novelis announces 125 new jobs with a $300 million investment in Kentucky

JPMorgan Chase Makes Long-Term U.S. Investment in Employees, Branch Expansion and Local Economic Growth

Apple announces 20,000 new jobs, $350 billion contribution to U.S. economy due to tax reform

FPL to apply federal tax savings toward $1.3 billion cost of Hurricane Irma to prevent increase in customer rates

Bank of America to give bonuses to about 145,000 employees following tax overhaul

Walmart to raise its starting wage, award bonuses up to $1,000 following tax bill passage

American Airlines to give $1,000 bonuses to employees after tax reform passage

Travelers cites U.S. tax overhaul in pledging $1,000 worker bonus

Boeing applauds tax reform, investing $300 million in charitable projects, employee training and education, and facilities improvements

AT&T paying bonuses of $1,000 to more than 200,000 U.S. employees due to tax bill

Visa​ is raising its 401(k) matching for employees in response to tax reform

Comcast says tax overhaul will mean $1,000 bonuses for some employees

TSYS Credits Tax Reform for $1K Cash Bonus to Team Members

Western & Southern latest Cincinnati company to hand out tax cut-related bonuses

Tax reform legislation prompts AAON to distribute bonuses

AccuWeather Is Giving Employees Bonuses Because of the Tax Overhaul

Advance Financial offers initiative related to tax reform

Aflac boosts employee benefits, pledged additional US investment due to tax bill

Alaska Air Group awards $1,000 bonuses to workers after Trump tax cut

American Bank among companies promising tax bill bonuses to employees

American Savings to give employees $1K bonuses, raise minimum wage

Manitowoc’s Americollect says employees will get tax reform bonus | Biz update

Associated Bank to boost minimum wage to $15, pay one-time bonuses when tax reform is signed

Ball Ventures announces bonuses for employees due to tax bill

BGE to Provide Federal Tax Reduction Benefits to Customers

BancorpSouth and Renasant Giving Raises, Bonuses

Tax reform will put immediate money in pockets of one bank’s employees

Bank of Colorado to pay special bonus to employees after receiving tax cut

Bank of the Ozarks unveils bonus plan in wake of tax bill

Berkshire Hills Announces Employee and Community Investments

Banks plan bonuses, wage increases as a result of tax reform

Central Bank of St. Louis employees get bonuses thanks to new federal tax reform

Central Pacific Bank to give $1,000 bonuses, increase minimum wage

Citizens Financial Group awards $12.5 million in bonuses, citing tax reform

Comerica Announces Increase In Its Minimum Wage To $15 Per Hour And $1,000 Bonus To 4,500 Non-Officer Colleagues

Commerce Bancshares giving employees $1,000 bonus, citing tax cut

ComEd Filing to Provide Savings to Customers from Corporate Tax Decrease

Community Trust Bancorp gives bonus to employees; cites new tax law

Wisconsin business to award $600 bonuses to employees based on tax cuts

Berks bank to share tax savings with customers, community

Darden says tax reform will save it $70 million

Bohemia firm to pay $400 bonus to workers after tax reform

Dime Community Bank Putting Tax Savings Back Into the Economy

Elmer Smith Oil Company announces $100,000 in bonuses

EMKAY Uses Tax Reform to Reward Employees

Tax Reform: Shareholders, Employees and Communities All Winners – ES Bancshares Inc.

Ennis, Inc. Announces Employee Bonus and Declares Special Dividend

With Benefit From New Tax Law, Eversource Says It Will Lower Rates For Mass. Customers

Express Employment Professionals giving $2,000 bonuses, citing tax reform

Fidelity Bank, Navient hand out bonuses, credit tax overhaul

Banks Continue Post-Tax Reform Wage Increases, Community Investments

Bankoh, First Hawaiian to give most employees bonuses, raise minimum wage

First Tennessee joins other banks giving tax cut bonuses

Central Jersey car dealership pays bonuses to employees as a result of new tax reform law

In response to tax bill, Gate City Bank announces reinvestment plan

Great Southern Bancorp, Inc. Announces Employee Bonuses Following Enactment of Tax Reform Bill

Great Western Bancorp, Inc. Unveils Minimum Wage Hike, Special Bonuses in Wake of Tax Reform

Community Rewards Program Increased to $75,000 in Response to Tax Changes

HarborOne Bank to give $500 bonuses to 600 workers, citing tax reform

IAT Insurance Group Announces $3,000 ‘Tax Reform’ Bonus for Employees

INB increases wages, hands out bonuses due to tax reform bill

ISG Announces Increased Investments in Digital Initiatives and Special Bonus for U.S. Employees in Response to Passage of U.S. Tax Cut and Jobs Act

All JetBlue Crewmembers to Receive $1,000 Following Tax Reform

KCS Awards Year-End Bonus in Response to Passage of U.S. Tax Bill

KeyBank joins list of corporations rewarding employees after passage of tax bill

Hutchinson company gives employees bonus after tax bill

MainSource Financial Group Announces Pay Increase for Hourly Employees

MB Reinvests in its Communities and Employees

Melaleuca to offer bonuses following tax plan

Mid-AM Metal Forming to Give Employees Bonuses

Musicnotes raises employee salaries due to tax reform

Tax reform will put immediate money in pockets of one bank’s employees

Nationwide among companies giving workers bonuses following tax reform

Navient shares tax credit with $1,000 bonuses to 6,700 employees

OceanFirst Bank raises minimum wage to $15 an hour after tax reform

Ohnward Bancshares announces tax relief, holiday bonus

OCC Orders Major Utilities To Transfer New Tax Savings To Ratepayers

Pacific Power says they will lower rates with tax cuts

D.C. electric company slashes customers’ bills thanks to tax plan

Nelnet, Pinnacle Bank announce plans for tax-related employee bonuses

In the wake of tax reform bill, Pioneer Credit Recovery workers will receive $1K bonuses

PNC announces bonuses in wake of tax bill

Banks cite tax reform in giving raises, bonuses

Rocky Mountain Power promises to share tax windfall

Rush Enterprises Inc. to provide $1,000 discretionary bonus to employees as a result of tax reform

Local Shoprite owner to hand out $150 bonus after passage of tax bill

Sinclair announces bonuses for employees after passage of tax bill

South Point giving $1 million in bonuses, cites tax reform bill

Stifel Gives Staffers Special Tax-Gift Bonus

Summit State Bank awards $2,000 bonuses to some employees post-tax overhaul

SunTrust to Increase Minimum Wage, Build Teammate Savings and Create $50 Million Community Fund for Financial Well-Being

U.S. Bank, TCF join banks that promises bonuses, higher pay after getting taxes cut

Territorial joins other banks in giving out bonuses and raising minimum wage

Texas Capital Bank Delivers Special Holiday Bonuses to Employees

The Flood Insurance Agency: A Bright American Future

The Hartford, Citing US Tax Overhaul, Gives $1,000 Employee Bonuses

Louisville company joins firms giving $1K bonuses to workers thanks to tax reform

Unity Bancorp Employees Provided Bonuses in Response to Federal Tax Legislation

Washington bank announces pay raises, investment after tax reform passage

Waste Management to give some employees $2,000 in bonuses following tax bill passage

Webster giving out bonuses, making investments in response to tax reform

Wells Fargo, Fifth Third Bancorp unveil minimum wage hikes after tax bill passage

Wells Fargo raises wages, announces community and non-profit donations due to tax bill

Tax reform bill expected to help local wineries

GoDaddy founder praises tax bill and promises staff bonuses

More than 30 companies in Idaho offering employee bonuses due to tax reform bill

Tax overhaul boon for some Cobb workers

Slew of regional banks latest to hike pay after tax reform