Companies Paying Cash Bonuses Thanks To The New Tax Rates

Thanks to the new lower tax rates, many companies are saving money and generously giving some of it back to their employees. Watch our video and find out who.
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Thanks to the Tax Cuts and Jobs Act of 2017 and the new lower tax rates, many companies will have some extra cash in the coffers.

Even better, some of those companies have decided to give that extra money back to their employees.

Take Apple (AAPL) - Get Report . It recently announced it was giving employees $2,500 bonuses in the form of restricted stock units.  It also said it was going to spend $30 billion in additional capital expenditures over five years and hire 20,000 new employees, according to the site, American for Tax Reform.

Boeing (BA) - Get Report also said it would invest $100 million in infrastructure, facilities and workforce development; plus make $100 million in charitable donations.

Wal-Mart  (WMT) - Get Report went even further and increased its base wage for all hourly employees to $11 in addition to bonuses of up to $1,000.

And that's the stuff shareholders like to see: Companies get a tax cut and reinvest the money in hiring and operations.

But others, like Comcast (CMCSA) - Get Report and Waste Management (WM) - Get Report (both in Jim Cramer's Action Alerts PLUS portfolio), decided to give one-time cash bonuses.

So be sure to watch out video to see who they are and if your company is one of them.

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