Walmart boosts pay for one million U.S. workers- because of tax reform

FOX Business: Walmart (WMT), the nation’s largest employer, with 1.5 million U.S. workers will allow the majority of those employees, 1 million, to share in the benefits of the largest sweeping tax reform in three decades.

The retailer is boosting starting hourly wages to $11 an hour. Additionally, the retailer will give one-time $1,000 bonus payments to workers, depending on length of service at the company. It is also extending maternity and parental benefits. The changes take place in February.

“We are early in the stages of assessing the opportunities tax reform creates for us to invest in our customers and associates and to further strengthen our business, all of which should benefit our shareholders” said CEO Doug McMillon in a statement on more

5 Comments on Walmart boosts pay for one million U.S. workers- because of tax reform

  1. Yeah, first they scream: “the evil corporations (as if a paper entity could in fact be EVIL) won’t share a dime of this tax cut!! The greedy bastids will simply enrich (themselves?).” Then once the corporate management has an opportunity to properly evaluate the new tax schema and make some initial adjustments, they holler: “crumbs”….. WTF is wrong with these morons? Do they actually think that nobody is paying attention?

    “Speaking the truth in times of universal deceit is a revolutionary act.” Geo. Orwell

  2. from 9 an hour to 11 an hour is better than a 20 per cent increase…..who among you would disdain a 20 per cent increase in pay???

    not one of you…NOT ONE….

    but for nancy pelosi, of course, it’s just “crumbs”…

    yeah…..we know that…for nancy pelosi, a thousand dollars IS just crumbs….it’s probbly pocket change for her…..when you got billions in the bank, yeah, a thousand stinking dollars doesn’t mean SHIT….when you have to decide between eating and heating, a thousand dollars is NOT CRUMBS….

    when will these people rid of her highness????

    i’m sure she eats cake every night……when are they going to start building the guillotines????

    oh…..and they say the Donald is incompetent….it is to laugh….

    has anyone done a study on what excessive use of BOTOX does to brain function???……..she’s a case in point, fer sher……

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