Walmart’s plans to raise wages for 500,000 hourly employees, starting at $9 per hour for its lowest paid workers in April 2015 and $10 per hour in 2016, will still require billions in taxpayer subsidies to compensate for the retail giant’s low-wage, part-time business strategy, according to a new report by Americans for Tax Fairness.
The report, titled The Walmart Tax Subsidy: Walmart’s Wage Hike to $10/Hour Still Requires Large Taxpayer Subsidies, points out many Walmart workers being paid $9 or $10 per hour for 34 hours per week (which is considered full-time at Walmart) would still qualify for public assistance, such as food stamps. Increasing Walmart wages to $15 per hour and full-time hours to 40 hours per week would enable many Walmart workers to be lifted above the income levels that qualify for public subsidies.
Members of OUR Walmart have launched a petition calling on Walmart and the Waltons, heirs to the Walmart empire, to raise wages to $15 per hour and provide access to full-time hours. To sign the petition, visit http://action.changewalmart.org/page/s/For15.