My State Line: New Tax Law Brings Big Bonuses for Chrysler Workers

Fiat/Chrysler is the latest company to offer bonuses to employees in the wake of the passage of President Trump's and Republicans' tax cut law, and they're big ones.  Approximately 60,000 employees will receive a $2000 bonus in the 2nd quarter of 2018, including employees at the Belvidere Assembly plant according to a FCA spokesperson.

The new law, which cuts the corporate tax rate to 21%, eliminates loopholes, and doubles the standard deduction for individuals and families, was supported by Rep. Adam Kinzinger (R-IL 16) but opposed by Rep. Cheri Bustos (D-IL 17), and Sen. Dick Durbin (D-IL) and Sen. Tammy Duckworth (D-IL)

Source - My State Line: New Tax Law Brings Big Bonuses for Chrysler Workers