Using some back-of-the-envelope math with data from various sources, the video claims that if Walmart raised its prices just 1.4 percent -- one cent on a 68-cent box of mac and cheese! -- it could pay all its employees enough ($13.63) that they wouldn't qualify for food stamps, without touching its bottom line. When all was said and done, Walmart customers would be out $4.8 billion a year, employees would be paid more, and taxpayers would save $300 million a year on food stamps.
Would this be a good outcome? We can't really say until we take a closer look at the three affected parties -- customers, workers, and taxpayers.
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