Since the Tax Cuts and Jobs Act lowered business taxes, 8,900 jobs have been created in Alabama. Other companies have raised wages and increased investment throughout the state. Alabama Power customers will see a 9% reduction in their bills starting in July 2018. Protective Life Corporation raised its base wage to $15/hour and gave $1,000 bonuses to 75% of its employees. Regions Financial announced $100 million in new investments. These benefits could be even greater if made permanent or they could disappear if the tax cuts are repealed.