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Friday, December 29, 2017

Sinclair Broadcasting Joins Tax Cut Bonus Bandwagon

Sinclair Broadcasting Group, America’s largest television station owner, announced Friday that they will join a slew of other large U.S. companies in using the savings from the just-passed Tax Cuts and Jobs Act to give employees bonuses.

Almost 9,000 Sinclair employees will get $1000 bonuses, according to an accompanying press release.

“We are grateful to our President and legislature for passing the landmark Tax Cuts and Jobs Act and are excited about the benefits it will provide for our country’s economy, our Company, and our employees,” Sinclair Broadcasting President and CEO Chris Ripley said in the press release. “We recognize that our employees are our most valuable resource, truly appreciate their combined achievements for our Company and look forward to a very bright future.”

Sinclair has become something of a bogeyman to the left-leaning press over reports some of its owners and managers are supporters of President Donald Trump and are choosing to broadcast content not sufficiently critical of the administration. New York Magazine’s Gabriel Sherman, for example, has sounded the alarm this summer that “Sinclair really wants to build the future of a conservative media empire” as they entered talks with ousted conservative commentator Bill O’Reilly.


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