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Tax Cuts and Jobs Act

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U.S. Bank becomes latest bank to increase wages, hand out bonuses after tax reform 

Jan 02, 2018By

Late last month, after President Donald Trump signed the tax reform bill into law, several large financial institutions announced that they planned to raise employee wages and make other investments thanks to the law reducing the corporate tax rate from 35% to 21%. On Tuesday, U.S. Bank became the latest bank to take similar action.

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