President Donald Trump is loading his sleigh with gifts for the American people this holiday season. And thanks to the businessman's leadership, along with a newly congealed Republican caucus, workers are already feeling the benefit of the GOP's Tax Cuts and Jobs Act – before Santa enjoys his first Christmas cookie.
No sooner had the historic tax bill made its way through Congress this week – initiating massive tax cuts for the business sector and individuals – than AT&T announced it will spend $1 billion in capital investments and give 200,000 of its employees $1,000 holiday bonuses.
Even Rudolph the Red-Nosed Reindeer knows this is what winning looks like.
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But AT&T's announcement was just the first shiny present to drop down the chimney. On the heels of the passage of the biggest tax-reform package since Ronald Reagan was in office, many other American businesses responded with similar news. They will also reward their employees with pay raises and adopt other pro-growth philanthropic measures.
It's sending waves of joy from coast to coast.
TRENDING: Impeach!
Fifth Third Bank announced it will raise its minimum hourly wage to $15 and also give $1,000 bonuses to its 13,500 employees. Boeing said it will invest $300 million for improving workplace infrastructure, employee training and charitable endeavors. And the nation's largest mortgage lender, Wells Fargo, joined the holiday cheer, pledging to give $400 million to community and nonprofit organizations in 2018 and $15 per hour to those currently making less than that.
But that's not all.
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Cable giant Comcast said it will also give $1,000 bonuses to approximately 100,000 workers while pledging more than $50 billion in infrastructure investments over the next five years.
And to think that Democrats – including House Minority Leader Nancy Pelosi, Senate Minority Leader Chuck Schumer, Sen. Elizabeth Warren, Sen. Bernie Sanders and countless other naysayers – trashed the GOP tax-reform plan. Pelosi told reporters on Capitol Hill the bill was "Armageddon," while her colleagues insisted it was a gift to the rich. This includes Democratic National Chairman Tom Perez, who said in an op-ed, "This bill was written for Donald Trump's wealthy friends on Wall Street, not for American families."
Then, upon its passage, hundreds of thousands of American workers who are unionized got a raise.
It is proving once again that liberals' doom-and-gloom theatrics are little more than partisan hyperventilating.
Voters now know two things:
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Progressives are no longer the party of the working man; the Democratic Party, including its leadership, has proved it's out of touch by rejecting the tax-reform bill. It's the Trump administration's policies that are actually uplifting labor and creating economic opportunity.
Unquestionably, the GOP's pro-growth, pro-jobs agenda is benefiting the middle class and strengthening the economy – in a way we haven't seen in decades – indicating that those predicting a "blue wave" of Democratic victories in next year's midterms may see a Reagan-esque "red wave" instead.
A fatter paycheck can do that – along with a robust gross domestic product and a renewed sense of optimism from Boston to Los Angeles.
Congratulations, Mr. President. America's winning again.
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