Comcast announced it will invest a whopping $50 billion into infrastructure projects over the next five years due to the Republicans’ tax plan. The media giant will also give $1000 bonuses to more than 100,000 employees.
“Comcast to give $1,000 bonuses to more than 100K “eligible frontline and non-executive employees” & invest $50 billion over the next five years in infrastructure “based on the passage of tax reform,”” tweeted CNBC.
JUST IN: Comcast to give $1,000 bonuses to more than 100K "eligible frontline and non-executive employees" & invest $50 billion over the next five years in infrastructure "based on the passage of tax reform". https://t.co/jn8limUSe7
(Disclosure: Comcast is parent co. of CNBC)
— CNBC Now (@CNBCnow) December 20, 2017
.@comcast also says it will give $1,000 bonuses to 100,000+ employees after @ATT announcement pic.twitter.com/wx9QssEhsy
— David Shepardson (@davidshepardson) December 20, 2017
The Senate approved Trump’s tax bill 51-48 in a midnight showdown.
For the second time, the House followed suit today.
This is the biggest tax overhaul in 30 years.
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