Thanks Tax Cuts! Southwest Just Announced Huge Employee Bonuses
It must burn when leftists have to admit the Trump tax cuts are working. Burn like a good bourbon going down. Or when you pee after a night out with Amy Schumer. The Democrat Party went all in on "tax cuts for the rich" malarkey, but when you look at the facts (see Bernie Sanders Admits Tax Cuts are a Good Thing and Media Asks if GOP Tax Cuts Help 3 American Families), more and more regular Americans are getting to keep their money. Or in the case of companies like Southwest, employees are getting more money period.
“We applaud Congress and the president for taking this action to pass legislation, which will result in meaningful corporate income tax reform for the transportation sector in general, and for Southwest Airlines, in particular,” Southwest’s CEO Gary Kelly said. “We are excited about the savings and additional capital, which we intend to put to work in several forms — to reward our hard-working employees, to reinvest in our business, to reward our shareholders, and to keep our costs and fares low for our customers.”
Kelly also said the company donated an incremental $5 million to charities because of the tax reform bill.
The bonuses will be awarded to all full-time and part-time employees who worked for the company on Dec. 31. Workers will receive the cash bonus Jan. 8.
Is Southwest doing this for publicity? Probably. There's a good chance they saw what the other PR companies were getting for the bonuses, and said #MeToo.
Do employees care if Southwest wants to cash in on a little good PR? I can think of at least 1,000 reasons why they don't. Whoever said "I'm not taking this extra money" anyway? I can't think of anyone outside of some sanctimonious movie character the entire audience hates.
When companies can keep more of their money, because government is stealing less, look at who benefits. Not just the "fat cats" sitting at the top. Success and profit sharing trickles down to everyone else. Southwest is just the latest company to prove just that. Imagine if even more people were allowed to keep even more of their money.