Wells Fargo, Fifth Third Bancorp unveil minimum wage hikes after tax bill passage
Hey, what a surprise. Nice.
Please, do tell us how this is a bad thing.
(From CNBC)
Fifth Third Bancorp will pay more than 13,500 employees a bonus and raise the minimum wage of its workforce to $15 an hour after the passage of the Republican tax plan that will cut the bank’s corporate tax rate.
Fifth Third is yet another company to announce a bonus for employees because of the tax plan. AT&T said earlier Wednesday that it would pay more than 200,000 U.S. employees $1,000 each and increase its capital spending budget by $1 billion.
http://www.againstcronycapitalism.org/
Source: https://www.ac2news.com/2017/12/wells-fargo-fifth-third-bancorp-unveil-minimum-wage-hikes-after-tax-bill-passage/
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