It appears the Trump tax cut might be popular with many Americans after all. Hardest hit? Dems:
BREAKING: Walmart will raise its starting wage rate for hourly employees in the U.S. to $11, expand maternity & parental leave benefits, and provide a one-time cash bonus for eligible employees of as much as $1,000 due to tax reform. https://t.co/Nbd2JzxBlC
— CNBC Now (@CNBCnow) January 11, 2018
By the numbers…
A million workers in total will get some benefit from Walmart’s decision:
Walmart hiking pay for > a Million US workers, from $9 an hour to $11. Some get a $1,000 bonus thanks to tax changes, plus better benefits for having babies.
— Jennifer Westhoven (@JenWesthoven) January 11, 2018
Roughly 600,000 will get the raise, 85,000 the full bonus of $1000 and 200,000 will received $750:
Some color on #Walmart wage hikes:
Nearly 85,000 employees have 20 plus years seniority, and will qualify for full $1,000.
Another 200,000 or so will get $750.
More than 600,000 will directly benefit from wage increase.@CNBC $WMT
— Carl Quintanilla (@carlquintanilla) January 11, 2018
As they say, “Yuge.”
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Related:
Status of Nancy Pelosi's tax reform 'Armageddon' warning: DELAYED (yet again) https://t.co/1aDiZF6fgK
— Twitchy Team (@TwitchyTeam) January 10, 2018
MIC DROP: Ted Cruz calls on Sanders and Dems to make tax cuts permanent, triggers GIANT wall of STUPID https://t.co/UWsonbeUBi
— Twitchy Team (@TwitchyTeam) January 10, 2018
EVERYONE RUN! Latest 'tax cuts carnage' is SURELY a sign of the ARMAGEDDON Nancy Pelosi promised https://t.co/kLgmr5A43c
— Twitchy Team (@TwitchyTeam) January 9, 2018
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