Major US companies say workers will see some of tax windfall

WASHINGTON (AP) — AT&T, Comcast, Wells Fargo and Boeing — among other major companies — are trying to build goodwill in the wake of President Donald Trump's tax cuts by finding ways to pass along some of their likely savings to employees.

But Democratic lawmakers and corporate watchdogs say the move is a public relations stunt that pales in comparison to the profits the companies' shareholders and executives will reap because of the lower tax rates. The stock market, as well, has risen on the belief the savings will largely go investors, rather than workers.

Trump was quick to celebrate an announcement by Dallas-based AT&T that it would pay a $1,000 bonus to 200,000 workers once the tax bill passed Wednesday is signed into law.