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CHARLOTTE -- A North Carolina business says the recent tax overhaul is responsible for it giving out $1,000 bonuses to its 1400 employees, and will contribute to its expansion.
Thursday morning, US representatives Richard Hudson and Robert Pittenger toured Charlotte Pipe and Foundry Company to talk about the impact of the Tax Cuts and Jobs Act.”
But when asked, the company said it was already considering the bonuses -- and does not have any higher than average investments planned.
The CEO still says the tax reform will help the company compete internationally.
For the owners of Charlotte Pipe and Foundry, the Republican tax cut means more money to invest in a bigger furnace and new machines.
For their 1,400 employees, it means a $1,000 bonus.
That’s why two Republican members of Congress used the company as a backdrop Thursday to trumpet the cuts.
“This is going to have a real effect on real people,” Rep. Robert Pittenger of Charlotte told reporters. Rep. Richard Hudson of Concord said the cuts lifted a “wet blanket” from the economy.
WASHINGTON, D.C. – U.S. Rep. Richard Hudson (R-NC) authored one of the resolutions in a series introduced by the Energy and Commerce Committee laying out principles for broadband infrastructure:
Gun rights and election years make for useful bedfellows as conceal-carry holders await legislation.
The latest Second Amendment debate centers around U.S. Rep. Richard Hudson’s H.R. 38, or Concealed Carry Reciprocity Act. Debate of the bill, which has already passed in the U.S. House, comes during a mid-term election year including a re-election bid for Hudson. His congressional District 08 that includes Stanly County tends to support conservative values especially when gun rights are at stake.
Gun rights and election years make for useful bedfellows as conceal-carry holders await legislation.
The latest Second Amendment debate centers around U.S. Rep. Richard Hudson’s H.R. 38, or Concealed Carry Reciprocity Act. Debate of the bill, which has already passed in the U.S. House, comes during a mid-term election year including a re-election bid for Hudson. His congressional District 08 that includes Stanly County tends to support conservative values especially when gun rights are at stake.