Get your bumper sticker now!

Starbucks Announces Higher Pay, Stock Bonuses Resulting from GOP Tax Cuts


Another day, another company adding their name to the plethora of giant corporations sharing the benefits of the GOP tax cuts with their employees. This time, it’s Starbucks taking the initiative of spearheading huge incentives for their workers.

The coffee chain announced that they will be spending “more than $250 million on the increased wages and benefits.”

According to the USA Today:

The coffeeshop chain said it would spend $120 million on wage hikes that will vary in magnitude throughout the country. The company said it already pays more than minimum wage in all of its markets.

The Seattle-based company will also give stock grants to everyone employed at the company's stores, plants and support centers as of Jan. 1. Hourly retail workers will get at least $500 in shares while store managers will get $2,000.

The announcement comes just one day after both Walt Disney Company and Verizon announced that they are also in the giving mood with all the money they’re saving since the corporate tax rate lowered at the beginning of the year from 35 percent to 21 percent.

MRCTV Reader,

The liberal media are terrified of the truth, especially when it leads to uncomfortable questions about their own leftist worldview.

MRCTV is the multimedia division of MRC featuring original content and aggregated videos of the news, people, and events conservatives care about.

MRCTV relies on the support of our loyal readers (and video viewers) to keep providing the news and commentary that matter to the American people, not just stories that prop up the liberal agenda.

Make a donation today. Just $15 a month would make a tremendous impact and enable us to keeping shining the light where the liberal media are afraid to tread.

— The MRCTV Team



Sign up for our MRCTV newsletter to receive the latest news.

Sponsored Links