Let's hear them explain how their profit margins before the new tax plan prohibited them from already doing these things.
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A company who generates over $450 BILLION annually needs a "tax cut" to encourage wage increases....... Greed really is good I guess, Gekko got it right.
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Billions in profit every year and they use each state’s Medicaid coverage for the majority of their employees. This is BS.
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If you aren't able to pay all your rent in one week's pay, you aren't earning enough wages. Period. Walmart knows this. Walmart is no Saint.
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What percentage accounts to "some". Please, don't peddle this stuff to the masses just to appease them to not storm the castle. Will they finally get holidays off?
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Then again, many of those workers will probably get replaced by self checkouts and robot restockers. Only a matter of time until automation is cheaper than those $11/hour, benefits, and liability
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Yes this is the hidden part that won't be publiscised
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Strong America is good for world
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It has nothing to do with tax cuts. This is just a PR stunt. Costco has had wages this high or higher for years, way before the tax cut. Utter nonsense.
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Yet they’re closing 63 Sam’s Clubs...
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Those bonus checks and $1 wage increase will all be spent back into Walmart. It's a win win for Walmart.
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$11/hr is below minimum wage in several states. How long before they begin reducing staff and hours to cover this cost to maintain their profits?
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Not everyone in the company is getting a raise and bonus.. Sooooo.... I will continue to shop elsewhere
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Which they could pay for regardless of the cuts.
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And that's a load of crap
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LOL. 11.00?
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