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Puzder “We Could See Worker’s Wages Continue to Rise Under the GOP Tax Bill”

As reported by CNBC

Working-class Americans could see their wages rise because of the GOP tax overhaul, former CKE Restaurants CEO Andy Puzder told CNBC on Tuesday.

After the passage of the Republicans’ tax plan last week, Fifth Third Bancorp and Wells Fargo said they would raise their minimum wages for employees to $15 an hour. Other companies, including CNBC parent company Comcast, announced bonuses.

President Donald Trump on Friday praised corporations for showing the tax plan “love.”

You’re already seeing an increase in wages for people, which is what we haven’t seen since the end of the recession,” said Puzder, who withdrew his nomination as Trump Labor secretary.

“This bill is a big deal, and I think people are going to see that in the coming months,” Puzder added in an interview on “Squawk Box.” He said he doesn’t think some fast food chains will go to $15 an hour soon, but workers could see bigger checks next year.