WALMART ON WELFARE BIG TIME

[mzmolly]

AGRIBUSINESS EXAMINER - Wal-Mart Stores Inc., the world's largest retailer, has benefited from more than $1 billion in economic development subsidies from state and local governments across the United States, according to a new study by Good Jobs First. "Wal-Mart presents itself as an entrepreneurial success story, yet it has made extensive use of tax breaks, free land, cash grants and other forms of public assistance," said Philip Mattera, research director of Good Jobs First and principal author of the study.

The study found more than 240 cases in which the construction of new Wal-Mart facilities was assisted by public resources. In addition to 160 retail outlets, the study found subsidies at 84 of Wal-Mart's distribution centers, representing more than 90 percent of the network of huge warehouses the company has built to facilitate its rapid expansion.

Wal-Mart subsidy deals were found in 35 states, with the largest number in California, Illinois, Missouri, Texas and Mississippi. In total dollar terms, Louisiana, Florida and New York also ranked high. Although comparative data are not available, the study says it is likely that Wal-Mart, given the extent of its operations, receives state and local subsidies from more jurisdictions than any other corporation in the United States.

The types of subsidies given to Wal-Mart projects included the following:

EDITED BY ADMIN: COPYRIGHT

http://prorev.com/2004/05/walmart-on-welfare-big-time.htm

[Only Me]

1. Excellent post. n/t

[mzmolly]

2. Thanks. I get tired of hearing the RW bitch about single mothers in need.

Time for some truth tellin'! ;)

[Demeter]

3. Surprise, surprise

It's just the average, little people that pay full fare for their dreams of entrepreneurship.

[mzmolly]

4. Yes, isn't that interesting.

hmmmmm.

[CheshireCat]

5. Why??

Why has it taken this long for truth about WalMart to come out!

I knew enough about the practices of WalMart in 1993 to quit shopping there. This should have been in the public eye for at least a decade.

[mzmolly]

8. Corporate controlled media?

:shrug:

[hadrons]

6. some Wal-Marts help their employees get food stamps ....

another way we subsidized them ... one slaughter house enticed workers from Mexico with free housing; the free housing was the city shelter

[mzmolly]

7. OMG. This is unreal.

:(

[NewYorkerfromMass]

9. Their biggest gift has been mother earth herself

They have trashed it in the environmentally worst way with their horribly incompetent siting of their shopping centers.
I hate WalMart.