With the recent announcement of Walmart's increasing starting wages and Fiat Chrysler's opening a new plant (with 2,500 jobs) in Michigan, there are now more than a hundred companies that have offered bonuses and benefit hikes to their workers due to the tax cut. An estimated 1 million workers have benefited. This after less than one month.
Liberals disparage all of this as a "publicity stunt." To hundreds of thousands of families, this is a wonderful stunt, and let's hope to see a lot more examples of it in the weeks and months ahead.
The stock market has reached multiple new highs since the tax bill took effect on Jan. 1. Workers are more optimistic about the job market than any time in at least a decade.
I helped work with candidate Donald Trump to refine this tax reform plan, and I was ridiculed as too optimistic on how it might help the economy. But already Trump's economic accomplishments have managed to exceed my lofty expectations. The tax cut isn't the only factor here, but you'd have to be wearing ideological blinders to not see a link.
Trump Tax Cut Is Already Working
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