Every Day, Low Wages | Economic Policy Institute
"The truth is that Walmart is simply going to pay the lowest possible wages that it can get away with. Researchers at U.C. Berkeley calculated in 2011 that if every Walmart nationwide had a minimum wage of $12 per hour and passed the entire additional cost on to consumers—i.e., without taking anything out of Walmart’s profit margins—it would increase prices by a mere 1.1 percent, or $0.46 per shopping trip for the average Walmart shopper."
