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View Diary: DC Mayor Rejects Living Wage Ordinance. California to Raise Minimum Wage to $10. (70 comments)

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  •  Raising wages by $2/hr would be .65% of gross (2+ / 0-)
    Recommended by:
    allergywoman, ahumbleopinion

    revenues.  
    Walmart has 1.4 million employees. Figuring $2/hr based on an average of 20hrs/week and 52 weeks a year, that would cost an extra $2.912 Billion. Walmart's announced earnings for 2012 was $447.95 Billion.

    So less than 1% increase in their cost to give workers a living wage. That's less than tithing which I'm sure the oh so Christian Walton family does diligently (snark)

    The road to excess leads to the palace of Wisdom, I must not have excessed enough

    by JenS on Thu Sep 12, 2013 at 10:07:35 AM PDT

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