via ift.tt
Reminder that numbers like these are if a corporation is deciding to pass on all costs of raising their wage to a living wage onto a consumer. The correct amount of what it should “cost” you as a consumer for a corporation to raise their wages is $0.
I’d like to see it phrased as the equivalent of, “If Walmart paid its employees a living wage, the family that owns it would have to take an 2% cut to their yearly profits, meaning they’d make only 294 million a year instead of 300 million a year,” just to really drive home how little they would need to pass on the cost of paying their employees a living wage to their consumers.
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A friendly reminder that the Walton family currently own more than 50% of the company with shareholders being in the...
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