Posted:
#201
More winning for Americans .........
Costco's hourly 130,000 U.S.employees are the latest U.S. retail workers to get a boost from the Trump tax cuts.
On June 11, Costco will increase the starting wage for its U.S. employees by $1 to as much as $14.50 an hour, while other hourly wage rates will increase 25 to 50 cents an hour.
Costing the company about $110 million to $120 million a year before taxes.............Costco chief financial officer Richard Galanti said that many companies, not just retailers, have "a desire to use some of this (tax windfall) to help employees'..........
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