While Walmart refuses to raise its $11 minimum wage, Alice Walton had no problem purchasing a $500 million private art collection, buying a $25 million 2-floor Park Avenue condo with 52 windows and acquiring a $22 million 4,400-acre Texas ranch. Something is very wrong here.
New: Mitt Romney and Tom Cotton roll out a plan to raise the federal minimum wage to $10 per hour, incrementally over five years, tied to mandatory E-Verify for employers and stricter penalties for hiring people here illegally.