Walmart is raising its minimum wage and handing out tax cut bonuses

Discussion in 'USMB Breaking News' started by shockedcanadian, Jan 11, 2018.

  1. shockedcanadian
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    shockedcanadian Platinum Member

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    From one free market capitalist/libertarian to you. You're welcome. :)

    Walmart's minimum wage will go up in February because of new tax plan

    Walmart is raising its minimum wage and handing out tax cut bonuses because of the new Republican tax law.

    The retail company said the wage hike to $11 an hour would roll out in February. Employees are also getting a one-time bonus of up to $1,000.


    Walmart (WMT) previously raised its minimum pay for most employees to $10 an hour in 2015. As of December, the average pay for full-time workers was $13 an hour.

    "Today, we are building on investments we've been making in associates, in their wages and skills development," Walmart president and CEO Doug McMillon said in a news release. "It's our people who make the difference and we appreciate how they work hard to make every day easier for busy families."

    He added that "tax reform gives us the opportunity to be more competitive globally and to accelerate plans for the U.S."
     
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  2. Pogo
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    Pogo Diamond Member

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    I'm trying to remember the last time I actually worked for $11 an hour. Probably the 1980s....
     
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  3. Meathead
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    Meathead Gold Member

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    I'm sure they would be happier if the government had that money.
     
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  4. C_Clayton_Jones
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    C_Clayton_Jones Diamond Member

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    This is as stupid as Dan Quayle saying that a help wanted sign in the door of a Burger King was "proof" that the economy was "recovering."
     
  5. Weatherman2020
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    Weatherman2020 Educating Libs Since 1978

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    So much winning.
     
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  6. Barton
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    Barton BANNED

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    OMG , you progressives are too much.

    I wouldn't work for $11 an hour either, but to Wal Mart employees an $11 an hour minimum wage probably feels like manna from heaven. And obviously it is a DIRECT result of the tax plan recently signed into law by your President Trump.
     
  7. hjmick
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    hjmick Gold Member

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    ...and shutting Sam's Clubs across the nation and putting more than 2,000 people out of work...

    Sam's Club closing dozens of stores; some being converted to distribution centers
     
  8. TNHarley
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    TNHarley Diamond Member

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    They have been having problems for a couple years. The CEO resigned a few days ago.
     
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  9. miketx
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    miketx Diamond Member

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    But you have no idea why...you just rant and rave...like mad dog.....
     
  10. hjmick
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    hjmick Gold Member

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    I'm not ranting or raving about anything, you may want to grab a dictionary and look those words up...

    As for why, yes, I do know why. I read the article...
     

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