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Stock impact report

Tim Mullaney: This credit-card company is teaching America how to do tax reform right [MarketWatch]

AT&T Inc. (T) 
Last at&t inc. earnings: 4/22 06:54 am Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
Company Research Source: MarketWatch
Opinion: This credit-card company is teaching America how to do tax reform right Oh, the irony: A benighted Congress passes a spendthrift, deficit-financed tax cut aimed at corporations and the 1%. A clueless White House hails companies that offer gimmicky $1,000-per-employee bonuses paid for with tax-cut proceeds, citing them as evidence that an already healthy economy is shaking off a torpor that exists only in President Donald Trump’s head. And the one company that exploits the tax bill to promote investment and fiscal responsibility by its employees is a credit-card company? Giggle if you like, but Visa’s plan to boost its 401(k) match is maybe the best news to come out of the tax bill. The company said Monday that it will boost its maximum match to 5% of a worker’s income from 3%. And that money gets invested, rather than spent. Visa’s move may be the only real investment spurred by the tax bill, which is mostly a series of giveways to middling-wealthy business owners. And, yes, Show less Read more
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