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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.ReutersWalmart uses lower U.S. tax bill to raise minimum wage to $11 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...

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