Winning: Costco Raises Minimum Wage, Thanks to Trump Tax Cuts
Costco chief financial officer Richard Galanti credited the tax windfall created by Trump’s Tax Cuts and Jobs Act, which lowered the corporate tax rate from 35 to 28 percent.
Galanti said that many companies have “a desire to use some of this (tax windfall) to help employees, to share that wealth if you will, to drive their business.”
Source: https://freenorthcarolina.blogspot.com/2018/06/winning-costco-raises-minimum-wage.html
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