Wal-Mart Is THE PRIME Example OF Corporate Greed (The TRUE "Welfare Queen" NOT Blacks)

[SirReginald]

I totally hate the way they treat their workers The Waltons are apart of the Billionaire class that's greedy to the core. Let me tell you how they make their money So, with Wal Mart & Sams Club BOTH OWNED by The Waltons, they won't give their employees fair amount of money and even some have to rely on food stamps Also, they used to employ illegal immigrants at night with NO employees right or anything. While the so called workers are treated like crap, the CEO and higher ups get paid. Also, the Walton's. Oh yeah, they receive their taxbreaks. They have our government in their pocket. The Walton's are worth 148 Billion. Do I dislike Billionaires, no I don't. However, I dislike greedy people and how they treat the people they employ


This is crony-capitalism. Where a government relies on businesses to have a successful economy. Capitalism at the worst degree. These Wal-Mart workers most work like over 48 hours with little pay


Don't even let me get started on the Wal-Mart Board of Directors and their thoughts on labor workers.

Spoiler

Spoiler

 

[Morethan1]

I was at Walmart yesterday nikka

 

[SirReginald]

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Is Wal-Mart the Welfare Queen of Corporate America?

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• April 18, 2014
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The U.S. tax code and corporate America are infamously known as a duo surrounded by political rhetoric and controversy. Many people argue that the country’s most well-known corporations receive far too many benefits from Uncle Sam and fail to pay living wages to employees. Others remind critics that these corporations create millions of jobs for the economy. With a new report focusing on the world’s largest retailer, the debate is not likely to end anytime soon.

Read more: Wal-Mart Robs MoneyGram, Western Union’s Money Transfer Service


Wal-Mart (NYSE:WMT) and the Walton family are the beneficiaries of tax breaks and subsidies estimated at more than $7.8 billion per year, according to Americans for Tax Fairness, a coalition of 400 organizations that strive for tax reform. Wal-Mart receives an estimated $6.2 billion annually from federal taxpayer subsidies, such as Section 8 Housing Program, Supplemental Nutrition Assistance Program, and Medicaid. Another $1 billion is the result of Wal-Mart using tax breaks and loopholes to write off capital investments. The Waltons, America’s wealthiest family, also avoid an estimated $607 million in federal taxes each year through lower tax rates on capital gains.

Read more: Sam’s Club and Small Business: What Is Wal-Mart Thinking?

“In addition to the $7.8 billion in annual subsidies and tax breaks, the Walton family is avoiding an estimated $3 billion in taxes by using specialized trusts to dodge estate taxes – and this number could increase by tens of billions of dollars,” said the report. “Wal-Mart also benefits significantly from taxpayer-funded public assistance programs that pump up the retailer’s sales. For example, Wal-Mart had an estimated $13.5 billion in food stamp sales last year.” Wal-Mart captured approximately 18 percent of the food-stamp market in 2013.

Read more: Chop, Chop: Wal-Mart Cuts More Prices on Consumer Electronics

These figures certainly suggest that Wal-Mart is the Welfare Queen of Corporate America, but the other side of the aisle should not be ignored. The report fails to acknowledge that if Wal-Mart did not exist and provide jobs to its 1.4 million employees, the demand for taxpayer assistance would be even greater. Furthermore, it could be argued that subsidies included in the $6.2 billion figure add to Wal-Mart’s wage expenses since they have to pay employees enough money to make obtaining a job worthwhile, as opposed to staying home and collecting welfare checks.

It’s also important to remember that Wal-Mart and other corporations are not alone in this debate. They are allowed to take advantage of loopholes with the help of Congress, albeit one that is available to the highest bidder. Over the past six years, the Center for Responsive Politics reports that Wal-Mart spent between $6 and $8 million on lobbying each year. Citizens for Taxpayers released a report earlier this year that described the situation quite well.

“There is plenty of blame to share for today’s sad situation. Corporate apologists will correctly point out that loopholes and tax breaks that allow low-tax corporations to minimize or eliminate their income taxes are generally legal, and that they stem from laws passed over the years by Congress and signed by various Presidents. But that does not mean that low tax corporations bear no responsibility. The tax laws were not enacted in a vacuum; they were adopted in response to relentless corporate lobbying, threats and campaign support.”

Is Wal-Mart the Welfare Queen of Corporate America?

P.S.

 

[SirReginald]

I was at Walmart yesterday nikka

Okay good for you.

 

[SirReginald]

I forgot to add

 

[SirReginald]

@JahFocus CS @Darth Humanist @King Kreole @FAH1223 @CACtain Planet @Aelyas en passant @The Fukin Prophecy @KidStranglehold

 

[GoldCoastSaint]

Yeah, Wal-Mart is disgustingly greedy and the best argument for fair tax reform I've ever seen. Im not usually a 'fight the rich' type, but its unreal how they've been able to hide behind the ' American made, built from a poor Arkansas man with grit' act. Yeah they made early employees gwap off the market, but really haven't done shyt for their workers since.

 

[SirReginald]

Yeah, Wal-Mart is disgustingly greedy and the best argument for fair tax reform I've ever seen. Im not usually a 'fight the rich' type, but its unreal how they've been able to hide behind the ' American made, built from a poor Arkansas man with grit' act. Yeah they made early employees gwap off the market, but really haven't done shyt for their workers since.

EXACTLY

 

[SirReginald]

BUMP

 

[EndDomination]

Read Nickled and Dimed by. Barbara Ehrenreich a while back, definitely a good perspective on the hell of being a Wal-MArt worker.

 

[SirReginald]

Read Nickled and Dimed by. Barbara Ehrenreich a while back, definitely a good perspective on the hell of being a Wal-MArt worker.

Alright I'll purchase that.

 

[Ruck]

i worked at sams club right out of high school. i was hired as a cart pusher which was easy. then winter came and they needed shop workers to change tires. for some reason, they moved me to the shop to help out in which i didnt mind. i thought it was gonna be like a day or two. motherfukkers was trynna keep me there for two weeks and i already was getting paid minimum wage. i told em pay me like a shop worker and ill do it, assistant manager was trynna play me and said i had no choice and wasnt going to get paid the extra. walked straight to hr and told em cut the check im out

i did like the free sodas tho

 

[th_412]

If we spent our money at places where employees were treated good, Walmart would be out of business. We the consumers are the ones making them all that money because shyt at Walmart is so cheap.....which of course they can sell so cheap because they don't pay the employees


I had friends growing up that flat out wouldn't shop at Walmart because of how they treated the workers. Looking back, I think they were onto something.

And The type of people willing to work at Walmart are those who don't know their worth, don't wanna hustle and allow their employer to treat them like garbage.....which it seems like more and more companies are trying to do....follow that "Walmart model"....pay as little as possible to your employees and if they don't like it? There's 20 other schmucks waiting to work 80 hours a week with no benefits and a 7 minute lunch break every other day. SMH

 

[Morethan1]

Yeah, Wal-Mart is disgustingly greedy and the best argument for fair tax reform I've ever seen. Im not usually a 'fight the rich' type, but its unreal how they've been able to hide behind the ' American made, built from a poor Arkansas man with grit' act. Yeah they made early employees gwap off the market, but really haven't done shyt for their workers since.

There not hiding anything though. It's blatant

 

[BrothaZay]

lol, Walmart doesn't treat their workers any worst than any other company.

Hell they probably let them get away with more shyt than other jobs.

Walmart employees are lazy as fucc