Over 170 companies have pledged to pay bonuses to employees due to expectations the recently passed tax reform bill will better their bottom line.
But one company is making sure that those who get a $1,000 check know exactly who to thank, President Trump.
Tampa-based software developer Spellex is putting that message on their checks in the “Memo” section. It reads: “Trump Tax Cut And Jobs Act.”
Spellex CEO Sheldon Wolf sent the image to taxpayer watchdog Americans for Tax Reform, which has been keeping a running list of companies offering employee bonuses, higher wages and increased benefits, and utilities offering rate cuts due to the act.
In his note, Wolf wrote, “I'm the founder and CEO of Spellex Corporation located in Tampa, FL. We're a software development company which I founded in 1988. This is the first time I've done anything like this. I'm hoping there are thousands of companies like mine who gave their employees $1,000 bonuses to show our support for the new tax plan which will ultimately help the middle class.”
He told us, “In my conversations with bosses and employees across the country, the big thing I am hearing is appreciation and excitement. People are ready to build, expand, hire and get things done.”
Paul Bedard, the Washington Examiner's "Washington Secrets" columnist, can be contacted at email@example.com