Thursday, January 11, 2018
Reuters — Walmart uses lower U.S. tax bill to raise minimum wage to $11 an hour
Good news. Those funds will mostly be spent and flow into the economy.
Hopefully, other firms will follow suit.
Reuters
Walmart uses lower U.S. tax bill to raise minimum wage to $11 an hour
Nandita Bose
related
Lars P. Syll’s Blog
The minimum wage myth
Lars P. Syll | Professor, Malmo University
also
Harvard Business Review
If Retailers Want to Compete with Amazon, They Should Use Their Tax Savings to Raise WagesZeynep Ton | adjunct associate professor in the operations management group at MIT’s Sloan School of Management, co-founder of the Good Jobs Institute, and a fellow at the Martin Prosperity Institute
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1 comment:
With the full knowledge that almost every cent will be spent by their public health and housing subsidized part-time wage slaves in Walmarts across the country.
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