Major US companies say workers will see some of tax windfall

WASHINGTON (AP) — Hours after landing a massive tax windfall, AT&T, Comcast, Wells Fargo and Boeing — among other major companies — announced plans Wednesday to share a fraction of their bounty with workers.

The moves pleased President Donald Trump, who has claimed his $1.5 trillion in tax cuts that largely favor the wealthy and businesses would ultimately help the middle class.

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 to investors, rather than workers.