Gainesville Company Pays Tax Reform Benefits Forward
GAINESVILLE, Ga.—As President Trump delivers his first State of the Union address today, a northeast Georgia company is announcing its plan to deliver bonuses to its employees as a direct result of the Tax Cuts and Jobs Act.
Mincey Marble was established in 1977 in Gainesville as a manufacturer of cast marble products for hospitality, healthcare and other markets around the country. Donna Mincey, President and CEO of Mincey Marble, says that the tax reform package signed into law last December will directly benefit her company’s bottom line, which allows her to further invest in Mincey’s more than 300 employees, many of whom are hourly workers.
“As the owner of a family business, I want to share how tax reform is benefitting Americans at every level. Companies big and small are passing along tax savings to the workers who help build our economy. I hope that the bonuses Mincey Marble is providing encourage other businesses in our great state to pay it forward, because the Tax Cuts and Jobs Act is the kind of meaningful change that can help transform communities by bringing relief to American workers and families,” said Mincey.
“Mincey Marble has been part of our community for decades, and their decision to pass along the company’s tax benefits to our hardworking neighbors is outstanding. I supported the Tax Cuts and Jobs Act with President Trump knowing it would lead to lower taxes and higher paychecks for northeast Georgians. We’re already seeing the economic benefits of tax reform happening at corporate and grass-roots levels, and I’m always thrilled to hear individual stories of how smaller government helps people—like the team members at Mincey Marble—invest in bigger dreams,” said Collins.
Employees at Mincey Marble will receive bonuses of up to $1,000 depending on their length of service with the company. Even employees hired this year will see a bonus, and the checks are scheduled to arrive during the week of Valentine’s Day as a sign of the company’s appreciation for its associates.
Due in large part to their confidence in the Trump Administration’s pro-business agenda, Mincey Marble’s management team also made the decision in January 2017 to expand the size and operations of a new facility that is currently under construction in Gainesville.
Other Georgia companies that have increased employee benefits in the days since President Trump signed the Tax Cuts and Jobs Act into law include Aflac, Home Depot and Yancey Bros. Caterpillar Dealer.
WASHINGTON—The House of Representatives today passed the Tax Cuts and Jobs Act. Rep. Doug Collins (R-Ga.), Vice Chair of the House Republican Conference, issued the following statement in response:
“This afternoon, the People’s House reaffirmed its confidence in American workers and families by passing comprehensive tax reform. The last three decades empowered the IRS to dig its tentacles deeper into the wallets of our neighbors, and we acted to reverse that trend today.
“Middle-class Americans and job creators deserve relief from burdensome taxes and the opportunity to pursue more of their ambitions on their terms. The Tax Cuts and Jobs Act can deliver on both fronts on behalf of our nation’s families and future.”
Collins Praises House Passage of Tax Cuts and Jobs Act Conference Report
WASHINGTON—The House of Representatives passed the conference report to H.R. 1, the Tax Cuts and Jobs Act. This move sends the bill to the Senate for a final vote that would land the bill on the president’s desk. Rep. Doug Collins (R-Ga.), Vice Chair of the House Republican Conference, issued the following statement in response:
“Today’s vote in the People’s House helps turn promise and potential into reality. Republicans have confidence in the potential of the American worker to make our country grow again—that’s why they are the foundation of the Tax Cuts and Jobs Act. We’re giving job creators more reasons to invest in America’s workforce, strengthening our economy and our communities. We’re making the IRS less ravenous and putting more money back in the hands of American families so that they can pursue more of their ambitions on their own terms. A decade of the status quo has guaranteed us only a stagnant economy. Republicans promised to reform a broken, bloated tax system so that Americans can chart a path out of economic anxiety and into economic empowerment. We’re keeping that promise today.”