Dear Editor:
The following is a website that any skeptic regarding the effect of the Trump tax cuts should look at: "List of Tax Reform Good News" (www.atr.org/list) "Thanks to Tax Cuts and Jobs Act passed by the Republican congress and signed by President Donald Trump, 90 percent of wage earners have higher take-home pay. And companies of all sizes are already giving bonuses and raises and expanding the scope of their operations."
The article references a total of 700 examples nationwide of pay raises, bonuses, 401(k) match increases, expansions, benefit increases, and utility rate reductions due to the Republican tax cuts.
Following are a few (nine of 37 listed for Missouri) of the companies offering increased benefits:
Ameren Missouri: The rate decrease of approximately $166,500.000 reflects a reduction in the corporate tax rate from 35 percent to 21 percent as a result of the passage of the federal Tax Cuts and Jobs Act of 2017. Residential customers using 1,000-kilowatt hours a month will see electric rates decrease by about $6.21 per month, effective Aug. 1.
Central Bancompany, Inc.: (Jefferson City, Missouri) Bonuses to 2,500 employees: $1,000 bonuses for full-time employees; $500 bonuses for part-time employees
Hawthorn Bank (Jefferson City, Missouri): $1,000 bonuses for full-time employees; $500 bonuses for part-time employees.
Home Depot: 34 locations in Missouri, Missouri-based Home Depot employees will receive bonuses of up to $1,000.
Lowes: 6,000 employees at 48 stores and one distribution center in Missouri. Employees will receive bonuses of up to $1,000 based on length of service, expanded benefits and maternity/parental leave; and $5,000 of adoption assistance.
Chipotle Mexican Grill: (Multiple locations in Missouri) Bonuses ranging from $250 to $1,000; increased employee benefits; nationally, $50 million investment in existing restaurants.
AT&T: $1,000 bonuses to 8,253 Missouri employees; Nationwide, $1 billion increase in capital expenditures.
Bank of America: (Multiple locations in Missouri) - $1,000 bonuses.
Waste Management Inc.: (Multiple locations in Missouri) - $2,000 bonuses.
Due to word restrictions, an additional 28 companies cannot be listed here that are included in the article for Missouri.
Democrat Nancy Pelosi referred to these as "crumbs!" Remember when you vote in November, do you like your "crumbs" or would you rather give them back to Uncle Sam?