By  on January 11, 2018

Walmart Stores Inc. is again increasing its starting wage in the U.S., with chief executive officer Doug McMillon attributing the move to a major cut in corporate taxes from the Trump administration.

President Trump signed tax legislation at the end of December, offering an array of tax reductions including cutting the corporate tax rate to 21 from 35 percent. That’s the lowest level since about 1940.

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