And do you see why I think this headline of all things is ironic?
At worst, it would result in unemployment and recession.
It is exactly as valid to claim WalMart is saving taxpayers money by creating jobs and paying people who we'd have to fully support otherwise.
Walmart already has extremely low profit margins, any increase in wages would be passed directly to their poor customers.
In fact, the status quo is the best way of solving the wealth inequality problem. That is, let Walmart make as much profit as they can and then tax the hell out of them, their well-paid executives, and their shareholders and redistribute that tax money to the poor.
Simultaneously they employ millions of worker that otherwise have few alternative job opportunities, and do so while consistently having among the lowest net income margins of any major corporation on the planet at ~3%. The mom & pop shops Walmart has often replaced were no better, they pay even higher wages than those businesses ever have.