More companies giving generous bonuses due to cut in corporate taxes!

Two airlines are giving generous bonuses to employees in light of the recently passed tax cuts bill. Southwest and American Airlines are giving workers one-thousand-dollar bonuses.

Southwest is also using the cut in corporate taxes to give five-million-dollars to charity. The company will also invest in its Boeing fleet. The recently passed tax bill cuts the corporate tax rate from 35% to 21%.

If this sounds familiar, it should as other large corporations announced $1,000 employee bonuses immediately following the passage of the GOP tax bill. AT&T said it would dole out a total of $200-million, while Bank of America announced it would put up $145-million.

Source: Business Insider