Tax bill a boon to AT&T employees

by Staff
| December 21, 2017 12:00 AM

AT&T employees will find a nice little post-Christmas bundle in their stockings, thanks to President Trump and the Republican-majority Congress.

According to an AT&T press release Wednesday, passage of the tax reform bill will trigger a $1,000 bonus for each of the company’s 200,000-plus U.S. workers. If President Trump signs the new tax bill before Christmas, employees will get the bonus over the holidays.

Katie Spencer, Pacific Northwest media relations manager for AT&T, told The Press that the company employs about 950 Idahoans.

AT&T Chairman and CEO Randall Stephenson also pledged that passage of the tax bill will trigger an additional $1 billion capital investment in 2018.

“Congress, working closely with the President, took a monumental step to bring taxes paid by U.S. businesses in line with the rest of the industrialized world,” Stephenson said in the press release. “This tax reform will drive economic growth and create good-paying jobs.”

See today’s Business section for more details.