The Truth Behind Walmart Bonus Stunt

Mike Malloy Show
Mike Malloy Show
  • 5 years ago
Walmart is the latest company to make a flashy announcement: It will raise wages and provide bonuses of up to $1,000 to its employees as a result of the recent corporate tax cut.

“Tax reform gives us the opportunity to be more competitive globally and to accelerate plans for the U.S.,” Walmart CEO Doug McMillon said.

But upon closer examination, Walmart’s announcement is significantly less than meets the eye.

Full story: https://thinkprogress.org/truth-walmart-bonuses-5966fe4245b0/

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