Home News National Tax overhaul signing already having effect

Tax overhaul signing already having effect


Regions Bank boosts minimum wage, Wall Street surpasses 25k

Regions Bank is handing out raises. According to published reports, Regions Bank says it is boosting its hourly minimum wage to $15 for 5,000 employees.

The move is in response to anticipated savings from the corporate tax rate reduction in the GOP’s tax reform law.
The Birmingham-based bank is one of the latest in a string of companies to announce bonuses or pay raises for employees in the wake of the passage.

And that’s not all, the Dow Jones industrial average surged past 25,000 Thursday, a strong signal of investor enthusiasm for President Donald


Leave a Reply