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"Walmart's employees receive $2.66 billion in government help every year, or about $420,000 per store. They are also the top recipients of Medicaid in numerous states. Why does this occur? Walmart fails to provide a livable wage and decent healthcare benefits, costing U.S. taxpayers an annual average of $1.02 billion in healthcare costs. This direct public subsidy is being given to offset the failures of an international corporate giant who shouldn’t be shifting part of its labor costs onto the American taxpayers."
There is a reason healthcare is called a benefit, rather than a "labor cost."
If a Walmart employee quit tomorrow and took a job in Joe's Corner Gas station has Joe's suddenly incurred an obligation to provide health insurance?
"Walmart's employees receive $2.66 billion in government help every year, or about $420,000 per store. They are also the top recipients of Medicaid in numerous states. Why does this occur? Walmart fails to provide a livable wage and decent healthcare benefits, costing U.S. taxpayers an annual average of $1.02 billion in healthcare costs. This direct public subsidy is being given to offset the failures of an international corporate giant who shouldn’t be shifting part of its labor costs onto the American taxpayers."
I read that article and I was not impressed. I'd like to see some proof of the bold.
Quote:
Originally Posted by ellemint
If you want to see what subsidies Walmart has received in your area, go to the following site and plug in your state, city, and type of subsidy and it will give you a list of the subsidies.
This website does not include food stamp and medicaid that walmart employees are receiving but instead lists actual tax breaks state or local government has given to Walmart.
It's a pretty crappy website. They don't know when our local Walmart was built. Furthermore, the tax subsidy is about to expire. (Lafayette, CO) http://www.cityoflafayette.com/archi...est%20Copy.pdf Tax revenues will increase in 2013 mostly due to the conclusion of the Wal-Mart rebate in 2012.
This will add $350.000. to the base over 2012.
FWIW, my community, Louisville, CO is giving away the farm to attract a "natural foods" store. I went to a meeting with the CEO of this particular store. He was asked what it would take to get them to locate a store in our town. He said, "fianacial incentives", then went on to say that several other towns in the area were offering incentives as well.
Last month, the city offered Alfalfa's one of the most generous business incentive packages it has ever extended -- highlighted by a three-year rebate of sales tax revenues and a 50 percent rebate of use taxes and building permit fees -- to woo the grocer to town.
Because I have yet to see a person on food stamps or welfare or begging for food at a food bank that doesn't have dish or cable tv. That's why.
20yrsinBranson
You go to the foodbanks and go to these people's homes?
Quote:
Originally Posted by HappyTexan
Some of you bleeding heart people need to venture into those poor neighborhoods.
Not all but a good number drive cars better than you have, wear logo clothing, have better phones than you do and are on food stamps.
Is this what America is turning into ?
Not the cars, not IME. You have to have decent credit to get a car loan, or cash to pay for it.
And by the way, nobody is "forced to rely on food stamps".
If you are working one or even two jobs and still not making enough to feed your family, tell me how you are not forced to rely on assistance such as food stamps.
McDonald's & Wal-Mart are entry level type jobs. Ideally, young workers go there & learn good work habits, learn business skills, etc. Then pursue better opportunities. Also, great places for those needing a 2nd job for awhile, etc. Anyone should see these are not the best places to stake a life long claim.
Here's a question I've been asking 100 times on another current thread.
Now, if wages are so low at places like Macdonald's and WallMart that workers there need food stamps, then isn't this one big problem?
why should the taxpayer foot the wage bill?
why should the companies be allowed to pay so low?
what is the purpose of this system?
how about just a decent wage but no food stamps, make coming off welfare pay, surely this is the right solution?
Actually, you have it backwards. Nobody on foodstamps will drop out unless they are forced to.
Since the government is stepping in and subsidizing some of these folks, the prices paid by those consumers stay higher than they should be. It is also equivalent to a handout to companies selling to those consumers.
The government does not create spending power, workers do. Whe the government sends someone a check, it is essentially creating money (if not covered by taxes) and devaluing existing money 'i.e. the money the workers have earned'. There is your issue, the government handouts.
And it's not only food, same holds true for medicine, education, etc.. the government spending is destroying this nation.
Last edited by SarasotaBound1; 01-05-2013 at 06:33 PM..
You go to the foodbanks and go to these people's homes?
Not the cars, not IME. You have to have decent credit to get a car loan, or cash to pay for it.
Decent credit? Hah! You have to have some cash every week. They gouge the kids in Oakland for 28% and they are stupid enough to buy. They finance a $5000 car with $2000 in wheels and pay $600 a month. There was a big story on the practice in the paper last year.
"Buy here, pay here" is the way for somebody with some capital to buy cars at auction and sell them to people with zero credit and make huge profits.
McDonald's & Wal-Mart are entry level type jobs. Ideally, young workers go there & learn good work habits, learn business skills, etc. Then pursue better opportunities. Also, great places for those needing a 2nd job for awhile, etc. Anyone should see these are not the best places to stake a life long claim.
Amen, and that is why IMO EITC should have a lifetime cap of using it a few years, just as Welfare has lifetime limits.
Limit EITC and folks will not attempt to use these jobs as lifelong careers.
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