Reuters — Walmart uses lower U.S. tax bill to raise minimum wage to $11 an hour

Summary:
Good news. Those funds will mostly be spent and flow into the economy.Hopefully, other firms will follow suit.ReutersWalmart uses lower U.S. tax bill to raise minimum wage to an hourNandita BoserelatedLars P. Syll’s BlogThe minimum wage mythLars P. Syll | Professor, Malmo UniversityalsoHarvard Business ReviewIf 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

Topics:
Mike Norman considers the following as important: Minimum wage, Trump tax cuts, Walmart

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