To the Editor:
The Republican tax bill already has had monumental effects on American businesses and their employees.
Since the bill’s passage, over 200 job creators have announced they are giving raises and bonuses, increasing employee benefit packages and expanding their businesses. Here in Maine, Camden National Bank recently announced it will be distributing $1,000 bonuses to 650 employees.
Contrary to what many media reports have stated, the new tax code is benefiting working Americans. As the year progresses, job creators will pay fewer taxes, leading to expansion and reinvestment. And taxpayers will begin to see their paychecks increase due to lower rates.
The Tax Cuts and Jobs Act is already a win for President Trump and Congress, and we’re only a few weeks into the bill’s passage.