AT&T announced Wednesday that it was giving more than 200,000 domestic employees a $1,000 bonus when the tax bill is signed. Advertisement Continue reading the main storyBut like a shot of adrenaline, that initial burst of economic activity is likely to fade. But later on, when they reap the profits, they will pay a tax rate of only 21 percent. Newsletter Sign Up Continue reading the main story Please verify you're not a robot by clicking the box. Virtually no economists believe that the tax cuts will pay for themselves.
Source: New York Times December 21, 2017 00:58 UTC