The slashing of tax’s and regulations is going to create an Incredible business environment, where everyone who works, gets to make more money, keep more of what they earn. Australia and other nations Know they cannot stay rigid, so they too will cut their tax’s which opens up a better playing field for all. Congratulations is in order.
Bank of America has joined the parade of American companies celebrating tax cuts by giving its employees a special year-end bonus.
Brian Moynihan, the bank’s chief executive, sent an email to employees citing the benefits to the company from the lower corporate tax rate.
“In the spirit of shared success, we intend to pass some of those benefits along immediately. U.S. employees making up to $150,000 per year in total compensation–around 145,000 teammates–will receive a one-time bonus of $1,000 by year-end,”