Families getting a pay bump, despite Senator Baldwin’s opposition
February 1, 2018
[Madison, WI] — A little over a month after President Trump signed tax reform into law, Wisconsinites are already seeing real results. Despite obstruction from Democrats like Senator Tammy Baldwin, companies around Wisconsin are boosting wages and giving bonuses to hard-working Wisconsin families because of tax reform.
“The real results from tax reform are already being felt statewide, with hard-working families keeping more of what they earn – on top of Wisconsin companies raising wages and handing out bonuses,” said Alec Zimmerman, spokesman for the Republican Party of Wisconsin. “Senator Baldwin’s opposition to the tax reform bill and her silence on the results afterward are telling. Instead of supporting reform that put more money in the hands of Wisconsinites, Baldwin chose Washington political games.”
Check out some headlines highlighting the real results of tax reform for Wisconsin families:
“Associated Bank to boost minimum wage to $15, pay one-time bonuses when tax reform is signed,” Milwaukee Journal Sentinel:
Associated Bank said Thursday it will boost its minimum hourly wage to $15 and pay workers a $500 bonus when the recently passed federal tax reform is signed, making it the first major Wisconsin firm to announce it is joining the list of companies saying their employees will directly benefit from the legislation.
“Walmart details wage boost, cash bonuses, parental benefits for Wisconsin employees,” Milwaukee Journal Sentinel:
More than 11,450 Walmart and Sam’s Club employees in Wisconsin will receive a pay raise, and 20,500 will get a cash bonus as part of the company’s recently announced compensation improvement plans, Walmart said Monday. In addition, Walmart said, it is expanding maternity and parental leave benefits and creating a new benefit to assist workers with adoption expenses.
“You can expect more money in your February paycheck,” TMJ4:
With all the talk about tax reform, the real key for most of us is what’s in our paycheck. You could see changes as early as Thursday on your paycheck. The tax reform bill could mean more money in your paycheck. The U.S Treasury estimates about 90 percent of us will see more take-home pay.
“American Family Insurance joins list of companies giving bonuses to employees after tax cut,” Milwaukee Journal Sentinel:
American Family Insurance said Friday it will give 11,000 workers a one-time bonus of $1,000, becoming the latest U.S. company to pass some of the savings from federal tax reform to employees.
“BMO Harris Bank to raise minimum wage, charitable giving because of tax reform,” Milwaukee Business Journal:
BMO Harris, based in Chicago but with a major presence in Milwaukee, said it will also raise its level of community giving by 10 percent in 2018 because of the tax reform law. BMO Harris Bank gave more than $17 million to community groups throughout its U.S. footprint in 2017, emphasizing community and economic development, health and human services, education and the arts.
“Citing tax reform, Town Bank joins other banks in raising minimum hourly pay to $15,” Milwaukee Journal Sentinel:
Town Bank, a Hartland-based bank owned by Wintrust Financial Corp., of Rosemont, Ill., said Wednesday the decision to increase the pay rate for eligible staff “comes as a result of the recently enacted tax reform legislation and the bank’s continued commitment to its employees.”