Michigan Residents Already Benefiting From Tax Reform

Today, AT&T announced that it is rewarding 200,000 U.S. employees - all union-represented, non-management and front-line managers - with $1,000 bonuses because of the tax reform legislation that was passed by Congress this week.

In a press release from the company, AT&T CEO Randall Stephenson said "this tax reform will drive economic growth and create good-paying jobs. In fact, we will increase our U.S. investment and pay a special bonus to our U.S. employees."

According to the company, AT&T has about 5,000 employees in Michigan who will receive bonuses because of today's announcement.

Congressman John Moolenaar made the following statement on today's news:

"Tax reform is already benefiting hardworking Michigan residents. Companies like AT&T are using the money they save to invest in their employees and our country. With the lower rates, higher standard deductions, and a $2,000 child tax credit, Michigan residents will have higher wages and pay less in taxes, keeping more of their own money."