Norwegian Cruise Line (NCLH) is getting ready to set sail into a land of strong profits thanks to the new tax law.
CEO Frank Del Rio told TheStreet on Thursday that a combination of rising consumer confidence, good job growth and worker bonuses should lead to more people splurging on cruise vacations in 2018.
The Tax Policy Center pegs the average tax benefit for households making $50,000 to $75,000 at $850 under the new law. Meanwhile, families will qualify for a child tax credit of $2,000 per child, higher than the $1,000 previously.
If that cash in the weekly paycheck isn't enough to spend on a cruise, perhaps a one-time bonus will do the trick. Companies such as Walmart (WMT) , AT&T (T) , Comcast (CMCSA) , and Boeing (BA) have promised employees bonuses thanks to the new tax law.
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