Companies raising wages due to tax bill.

[SunsetBengal]

(01-16-2018, 06:17 PM)fredtoast Wrote: No.  I worded my response incorrectly. 

I am saying that this move had zero to do with the new tax law.

You say one thing, the Detroit Free Press reports another..

Quote:Fiat Chrysler Automobiles will invest more than $1 billion to modernize the company's Warren Truck Plant in metro Detroit, adding 2,500 jobs and moving production of its Ram Heavy Duty trucks from Mexico.
The changeover is to be complete in 2020.
The company said Thursday evening that the new federal tax law made the shift possible. That legislation, signed into law in December, cut the corporate tax rate from 35% to 21%.
FCA also announced $2,000 bonuses that will be paid in the second quarter of this year to 60,000 hourly and salaried employees in the U.S., excluding senior leadership. Those bonuses are to be in addition to any profit sharing or performance bonuses the employees would receive this year