Southwest and American Airlines Celebrate GOP Tax Plan with Employee Bonuses

Jan. 4, 2018
Southwest and American Airlines have joined a handful of corporate giants that have announced $1,000 employee bonuses following the GOP tax overhaul that President Donald Trump signed into law last month.

Southwest and American Airlines have joined a handful of corporate giants that have announced $1,000 employee bonuses following the GOP tax overhaul that President Donald Trump signed into law last month.

In a pair of press releases on Tuesday, both airlines specifically cited sweeping new tax reforms that passed Congress on December 20. Among other things, the legislation known as the Tax Cuts and Jobs Act cuts the corporate tax rate from 35% to 21%.

Read more: https://www.msn.com/en-us/money/companies/southwest-and-american-airlines-celebrate-the-gop-tax-plan-with-dollar1000-bonuses-for-employees/ar-BBHNylC