Private companies should pledge to give a 5 percent raise to all employees if President Trump’s tax plan is passed. In the proposed plan, corporate taxes are to be lowered from 35 percent to 20 percent. This raise will cost a company less than 1.5 percent of revenue, since most companies’ labor costs are 30 percent or less. Corporations: Pay some of it forward to your employees and look like heroes! Promote this publicly now.
