Almost immediately, American businesses began sharing their historic tax benefits with their employees. Already, hundreds of companies — large and small — have announced special bonuses, higher wages, retirement savings contributions and other benefits for their workforces thanks to tax reform. Major corporations like Walmart, Home Depot, Verizon, Disney and Starbucks are sharing the benefits of tax reform. American businesses have also announced plans to build new facilities in America, buy more American products and create more American jobs.

Locally, Fifth Third Bank and U.S. Bank will deliver bonuses and raise the minimum hourly wage for many employees as a result of tax reform. Humana, employing more than 12,000 Kentuckians, recently announced it is accelerating pay incentives and increasing its minimum hourly wage. Brown Forman — a global spirits company in Louisville employing more than 1,000 Kentuckians — is starting a community investment foundation and committing $120 million to fund pensions. And many small businesses, like an event equipment rental business in Nicholasville, Kentucky, expect to now be able to purchase new capital inventory and hire additional employees. These types of announcements are happening around the country — and they keep coming.