Companies are raising the stakes and House Minority Leader Nancy Pelosi is not buying it. Due to the tax bill many companies such as Wells Fargo and Visa are offering pay increases, one-time bonuses, or benefits increases to their employees. Pelosi called this move “pathetic.” For example, Walmart has said it would raise its minimum hourly wage to $11 an hour and offer long-time employees a $1,000 bonus. Analyses have shown that companies and wealthier Americans are more likely gain benefits from the tax code changes.
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