Exxon to Spend $50 Billion & Create 12,000 New Jobs in U.S. Over Next 5 Years — Thanks to Trump’s Tax Cuts

Reuters reports that energy giant Exxon has also jumped on the MAGA train!

Exxon Mobil Corp (XOM.N) plans to invest billions of dollars in the United States due in part to recently approved corporate tax rate cuts, the company’s chief executive said on Monday.

Darren Woods, head of the world’s largest publicly traded oil producer, said in a blog post on the company’s website that Exxon expects to spend $50 billion in U.S. projects over the next five years. The company also is “actively evaluating” projects now in planning stages as a result of new tax and regulatory changes, he wrote.

 

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Home Depot Hourly Employees Receive up to $1,000 Bonus – Thanks to Trump Tax Reform

CNBC reports that Home Depot has also jumped on Trump’s MAGA train!

Home Depot is awarding its hourly employees in the U.S. a one-time cash bonus of as much as $1,000 following the passage of new tax legislation.

The bonus amounts will be determined based on a person’s length of service, similar to Walmart’s strategy. All of Home Depot’s U.S. hourly workers will get at least a $200 bonus, a spokeswoman told CNBC, and the maximum payout is $1,000 for workers who’ve served at least 20 years.

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Starbucks Spending $250 Million to Give 150,000 Starbucks Employees A Raise – Thanks to Trump’s Tax Cuts

Forbes Magazine reports that Starbucks has also jumped on the MAGA train!

Starbucks plans to spend $250 million on new employee benefits, including a pay boost for domestic workers, in the wake of the federal tax overhaul.

The coffee chain will increase pay for its 150,000 U.S. hourly and salaried employees in April, following its regular annual raise earlier this month. It’s also taking its paid-sick time benefit national, allowing workers to save up time off to use for themselves or family, Seattle-based Starbucks said on Wednesday.

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Trump makes it clear as he heads to the World Economics Forum in Davos, Switzerland: AMERICA FIRST, PERIOD!

McClatchy briefs us on President Trump’s mission as he heads to the World Economics Forum in Davos, Switzerland:

“It’s America first, not alone,” Cohn said of Trump’s trade philosophy. “The president is going to Davos to speak to world leaders about investing in the United States. Moving businesses to the United States. Hiring American workers. Changing the direction of our economy to be one of the biggest and best and most efficient economies in the world.”

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JPMorgan Chase Announces a $20 BILLION Investment in the U. S. — Thanks to Trump’s Tax Plan

Today JP Morgan Chase jumped on the MAGA bandwagon!  Here’s a gist of the bank’s new U. S. investment plans:

  • Increase wages to between $15 and $18/hour for 22,000 employees

  • Open 400 new Chase branches in new cities and states

  • Hire 4,000 employees in new U.S. markets for home lending, small business growth nationwide

  • Increase loans to customers seeking affordable homes by 25 percent to $50 billion

  • Expand philanthropic investments by 40 percent to $1.75 billion

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Apple Employees Receive $2,500 Bonus — Thanks to Trump Tax Plan

Apple plans to give most of its employees $2,500 in restricted stock units, according to a recently published Bloomberg News report.  This exciting news was announced on the same day that Apple said it would hire 20,000 new workers and build a new Apple campus in an unspecified location, part of what the company pitches as a $350 billion investment in the U.S. over the next five years.

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