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WAL-MART Costs Taxpayers $1,557,000,000,00 to Support its Employees

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Earth_First Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-08-11 09:09 AM
Original message
WAL-MART Costs Taxpayers $1,557,000,000,00 to Support its Employees
"The Democratic Staff of the Committee on Education and the Workforce estimates that one 200-person Wal-Mart store may result in a cost to federal taxpayers of $420,750 per year - about $2,103 per employee. Specifically, the low wages result in the following additional public costs being passed along to taxpayers:
◦$36,000 a year for free and reduced lunches for just 50 qualifying Wal-Mart families.
◦$42,000 a year for Section 8 housing assistance, assuming 3 percent of the store employees qualify for such assistance, at $6,700 per family.
◦$125,000 a year for federal tax credits and deductions for low-income families, assuming 50 employees are heads of household with a child and 50 are married with two children.
◦$100,000 a year for the additional Title I expenses, assuming 50 Wal-Mart families qualify with an average of 2 children.
◦$108,000 a year for the additional federal health care costs of moving into state children's health insurance programs (S-CHIP), assuming 30 employees with an average of two children qualify.
◦$9,750 a year for the additional costs for low income energy assistance."

The total figure is based on the average $420,750 per-store figure, multiplied by 3700 (the approximate number of stores currently in the United States).

Source: Rep. George Miller / Democratic Staff of the Committee on Education and the Workforce, "Everyday Low Wages: The Hidden Price We All Pay for Wal-Mart", February 16, 2004.

http://www.walmartmovie.com/facts.php
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-08-11 10:18 PM
Response to Original message
1. Interesting point -- when capitalism doesn't pay a living wage, taxpayers pay for it --!!
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GreenPartyVoter Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-08-11 10:44 PM
Response to Reply #1
2. And pay, and pay, and pay...
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Kurovski Donating Member (1000+ posts) Send PM | Profile | Ignore Sun May-08-11 10:59 PM
Response to Original message
3. Wealth moves in one direction in this country, upward to the top percentage of wealth holders.
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valerief Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 12:00 AM
Response to Original message
4. Wow, I guess in Republican-logic-land, that means Wal-Mart deserves a bigger tax break. nt
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Beth in MN Donating Member (34 posts) Send PM | Profile | Ignore Mon May-09-11 12:06 AM
Response to Original message
5. Ever wonder why the big push to lessen gun control in many states?
Walmart Goes Back to the Future with Fabrics, Fishing and Firearms

CEO Mike Duke is trying to shake Walmart out of its negative same-store sales trends by going back to heritage categories that helped it achieve success in the chains formative years. Among the products Walmart is adding back are fabric, fishing poles and firearms. That last item has caught the attention of numerous media outlets as well as those who advocate on either side of gun control/rights.

http://blogs.forbes.com/retailwire/2011/05/03/walmart-g... /

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marzipanni Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 01:23 AM
Response to Reply #5
9. Fabrics? Isn't that a tad high-falutin' ?
Ma and Sis can make dresses out of flour sacks, Pa and Brother can catch a mess of catfish or shoot a possum for dinner.

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Tripod Donating Member (534 posts) Send PM | Profile | Ignore Mon May-09-11 12:10 AM
Response to Original message
6. k&r...at least they are working!
It is cheaper then paying them to not work.
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WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 01:04 AM
Response to Original message
7. It's the double edged sword of the Earned Income Credit....
It is there to help people to make enough to get by and it also keeps the pressure off companies such as Walmart to increase their pay rates.

The thing is the Earned Income Tax Credit doesn't kick in for single people until they are 25. Kids with children are eligible to get the credit for the kids but not for themselves.

I have mixed feelings about this.

If they get rid of the EIC, then perhaps the Walmarts of the world would gradually start to pay more.

Yea and monkeys might fly out of my ass.

Then the thing about the EIC is that most people take it in a lump sum in the form of a Tax Refund instead of having it added to their pay throughout the year. Then these folks who are desperate for that Big Check go to tax preparers who extend the customer quick loans that cost the tax payer at least a couple of hundred dollars. And this is just to speed up the process by a couple of days.

I don't know, it bothers the hell out of me, what this country has become, people nickle and diming and scrounging around while the rich sit back and laugh...
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iwishiwas Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 01:22 AM
Response to Reply #7
8. We in Wisconsin are soon to not have the Earned Income tax credit as
Walker and his poodles will pass a bill shortly to smash it.
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WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 10:39 AM
Response to Reply #8
19. It would be the Wisconson version the federal version they can't
do anything about...
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xmas74 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 10:59 AM
Response to Reply #7
20. I refuse to rapid refund anything
but I do take the payment in one lump sum. I use that payment to make one big payment at once. (Insurance is an example.) I've noticed that some things, such as insurance and my internet, are cheaper if I pay all at once so I do this once a year. (Insurance is twice a year.)

A friend owns a trailer and lives in a court. If she pays her lot rent once a year in a lump sum they knock off two months of rent. She also uses her refund to purchase animals from a local farmer and pays for processing months in advance with a locker. That way, come September or October, the farmer takes the animal to the locker and they process it. It's paid way in advance and they give her the cheapest rate in the area.

Should we have to live like this, trying to scrape by? NO, but we've all learned to manage.
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WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Tue May-10-11 04:41 PM
Response to Reply #20
21. I don't charge extra for a e filing.
I think the main obstacle for many people to explore rapid refunds in a less costly way is that many folks haven't a checking or saving account in which to receive the edeposit.
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 02:26 AM
Response to Original message
10. Any corporation that declares a profit that debits the nation is a parasite.
And should be treated accordingly.
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Faux pas Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 05:21 AM
Response to Original message
11. A-m-a-z-i-n-g but not too surprising. Capitalism ain't cheap
for we lowly taxpayers.
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rdking647 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 07:24 AM
Response to Original message
12. so what your solution?
tell wal mart to pay its employees more than it does?? then walmart will just hire less people.
a minimum wage wal mart job is still better than no job


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DaveJ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 08:13 AM
Response to Reply #12
13. Is Walmart the only employer where you live?
"wal mart job is still better than no job" Are those the only options?
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SOS Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 08:48 AM
Response to Reply #12
16. Raise the minimum back to the 1968 level
To equal the 1968 buying power the minimum needs to be raised to $8.54
Of the ten richest Americans, five are the children of Sam Walton at $18 billion each.
Wal Mart could pay 1968-level wages, but you can be sure they would "lobby" against any increase.




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DaveJ Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 08:28 AM
Response to Original message
14. Might I suggest company labelling
Just like food labeling, an info sheet at the front of every store that uses wage slaves. This is only fair to the tax payers.
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caseymoz Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 08:41 AM
Response to Original message
15. Not even counting the tax credits from the community

. . . awarding Wal Mart for giving people the honor of working in their stores.

People in our society have taken their eye off the ball. The object is to support yourself and family. Having a job is just a means to do it, not the goal in itself. It really does nobody any service to have a job that's going to cost you, especially when the community and state pays through the nose to bring those jobs in.
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Zorra Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 08:57 AM
Response to Original message
17. If no one shopped at Walmart this would not be a problem. nt



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patrice Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 09:15 AM
Response to Original message
18. K&R
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