Tag: Tax Cuts and Jobs Act

FILE - In this Tuesday, Oct. 12, 2004, file photo, Sinclair Broadcast Group, Inc.'s headquarters stands in Hunt Valley, Md. Sinclair Broadcast Group, one of the nation's largest local TV station operators, announced Monday, May 8, 2017, that it will pay about $3.9 billion for Tribune Media, adding more than 40 stations including KTLA in Los Angeles, WPIX in New York and WGN in Chicago. (AP Photo/Steve Ruark, File)

Sinclair Broadcasting Joins Tax Cut Bonus Bandwagon

Sinclair Broadcasting Group, America’s largest television station owner, announced Friday that they will join a slew of other large U.S. companies in using the savings from the just-passed Tax Cuts and Jobs Act to give employees bonuses.

: Speaker of the House Paul Ryan (R-WI) (C) is joined by House Republican leaders while talking to reporters following passage of the Tax Cuts and Jobs Act in the Will Rogers Corridor at the U.S. Capitol December 19, 2017 in Washington, DC. The House passed the tax cut legislation 227-203 and the bill now goes to the Senate where a vote scheduled for Tuesday or Wednesday. (Photo by Chip Somodevilla/Getty Images)

Historic: Congress Passes Tax Cuts and Jobs Act

The House passed the final Tax Cuts and Jobs Act, sending the historic tax cut legislation to President Donald Trump to sign. The president said that the tax reform bill would ensure a “Merry Christmas” for the country.