WASHINGTON — Within the very first weeks since the passage of the historic GOP tax relief plan, dozens of businesses across the country have announced pay raises and bonuses to their employees, investments in their businesses and new charitable giving.

And every single Democrat, including the ten 2018 Democrats seeking reelection in states won by President Trump, voted against the very plan that is already showing concrete economic benefits for American families. As the new tax law continues to take effect, workers will see even more benefits, including higher take-home pay as the new tax rates are implemented. And voters will be constantly reminded that while Republicans fought to put more money in their pockets, those 2018 Democrats sided with Washington liberals, dead-set on obstructing all efforts at providing tax relief to the American people. 

“Millions of Americans are already reaping the benefits of the GOP tax relief plan that red state Democrats voted against,” said NRSC Communications Director Katie Martin. “Democrats up for election later this year will have to explain why they fought against a tax plan that is putting more money in American families’ pockets.”

Background:

California:

Wells Fargo will raise its minimum wage to $15 per hour and will make $400 million in donations to community and nonprofit organizations.

Colorado:

Bank of Colorado will provide a $1,000 bonus to full-time employees, and the bank will also raise interest rates on customers’ Money Market accounts.

Georgia:

Aflac will double its employee 401(k) match from 50% to 100%, will make a $500 contribution to employees’ 401(k) plans, and will offer certain hospital and accident insurance products to all employees free of charge.

Hawaii:

Central Pacific Bank will provide a $1,000 bonus to all of its workforce, except executives on its managing committee, will increase starting pay to $15.25 per hour and will give proportional raises to other workers.

Bank of Hawaii will provide a $1,000 bonus to 95% of its workforce and increase its minimum wage to $15 per hour.

First Hawaiian Bank will provide a $1,500 bonus to all employees, except senior management, and increase its minimum wage to $15 per hour.

American Savings Bank will provide a $1,000 bonus to nearly all employees, excluding members of its executive team, and will increase its starting wage to $15.25 per hour.

Idaho:

Melaleuca will provide its 2,000 employees a bonus of $100 for every year worked at the company.

Ball Ventures will provide its employees with a bonus of $100 for every year worked at the company.

Nearly 30 companies in East Idaho will provide employee bonuses as a result of the tax relief bill.

Illinois:

Boeing will make $300 million in investments, including $100 million in corporate giving, $100 million in workforce development and $100 million in facilities and infrastructure enhancements.

Iowa:

Ohnward Bancshares will provide a $1,000 bonus to all employees.

Kentucky:

Community Trust Bancorp will provide full-time employees, other than executive management, a $1,000 bonus and part-time employees a $500 bonus.

Turning Point Brands will provide a $1,000 bonus to each of its 107 employees.

Maryland:

Sinclair Broadcast Group will pay a $1,000 bonus to nearly 9,000 employees, excluding senior level executives.

Minnesota:

US Bancorp will provide a $1,000 bonus to nearly 60,000 employees, raise its minimum wage to $15 per hour, make a $150 million contribution to the U.S. Bank Foundation, make enhancements to its employee health care plan and make additional investments in customer experience projects.

Missouri:

Commerce Bancshares will provide a $1,000 bonus to full-time employees and a $250 cash payment to part-time employees.

Kansas City Southern will provide a $1,000 bonus to non-executive employees.

Nebraska:

Nelnet will provide a $1,000 bonus to all employees, except senior managers, who have been with the company for at least six months, and a $500 bonus to those who have been with the company for a shorter period.

Pinnacle Bank will provide a $1,000 bonus to full-time employees.

New York:

Travelers will provide $1,000 bonuses to 14,000 employees earning less than $75,000 per year and will raise its minimum wage to $15 per hour.

Dayton T. Brown Inc will provide a $400 bonus to its 210 employees.

North Carolina:

BB&T Corp will provide a $1,200 bonus to 27,000 employees, raise its minimum hourly wage to $15 and add $100 million to its philanthropic fund.

Bank of America will provide a $1,000 bonus to 145,000 employees.

Aquesta Financial Holdings will provide a $1,000 bonus to all employees and raise its minimum wage to $15 per hour.

Ohio:

Fifth Third Bancorp will provide a $1,000 bonus to more than 13,500 employees and will raise its minimum wage to $15 per hour.

Oklahoma:

Express Employment Professionals will provide a $2,000 bonus to nonexecutive employees.

Pennsylvania:

Comcast will provide a $1,000 bonus to more than 100,000 nonexecutive employees and will invest at least $50 billion in its businesses.

PNC Financial Services Group will provide a $1,000 bonus to 90% of employees, add $1,500 to employees’ pension plans, raise its minimum wage to $15 per hour and make a $200 million contribution to its charitable foundation.

American Bank will provide a $1,000 bonus to its employees.

Accuweather will provide a bonus to all employees.

Rhode Island:

Citizens Financial Group will provide a $1,000 bonus to 12,500 employees and contribute $10 million to its charitable foundation.

Tennessee:

First Horizon National Corp will provide a $1,000 bonus to employees who do not already take part in company-sponsored bonus plans.

Texas:

American Airlines will provide a $1,000 bonus to all employees, excluding officers.

AT&T will provide a $1,000 bonus to more than 200,000 employees and will increase its capital expenditures budget by $1 billion.

Rush Enterprises will provide a $1,000 bonus to its 6,600 employees.

Southwest Airlines will provide all full-time and part-time employees a $1,000 bonus and will add $5 million to its charitable giving.

Texas Capital Bank will provide a $1,000 bonus to more than 900 employees.

Utah:

Zions Bancorporation will increase compensation for more than 40% of its employees, provide nearly 80% of employees with $1,000 bonuses and will contribute $12 million to its charitable foundation.

Washington:

Washington Federal will give a 5% merit-based raise for all employees earning less than $100,000, increase its technology staff by 25% and add an additional tech office in Boise.

INB will provide a $500 bonus to its 200 employees, excluding senior management, will increase its minimum wage to $15 per hour and will increase wages for those making more than $15 per hour.

Wisconsin:

Associated Bank will pay workers a $500 bonus and will raise its minimum wage to $15 per hour.

Copperleaf Assisted Living will provide a bonus of up to $600 to its 175 employees.

Americollect will provide a bonus of up to $500 to full-time and part-time employees, and will provide a bonus of up to $300 to new hires in the first quarter.

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