Walmart Is America’s First Welfare Queen Superstore
2012/07/20
By Michael Hayne
.....Walmart receives between 25 and 40 percent of all food stamp spending. Of course Walmart’s slave wages force all of its employees to depend heavily on $2.66 billion in government help every year. The company that brought in $448 billion in sales last year, the super concrete-laden seller of brightly colored crap, gobbles up food stamps faster than land. Walmart’s ridiculously low wages and deliberate underemployment keep their workers just rich enough to not be living in a dumpster co-op, but poor enough to be eligible for food stamps. Seeing as Walmart is the reason why countless Americans go on Food Stamps in the first place, one could say this is a low-cost orgy of irony.
Here’s a closer look at how your favorite seller of lawn bag potato chips is blatantly exploiting tax-payer funded programs:
Walmart’s intentionally low wages force employees to need approximately $420,000 per year, per store, totalling $2.66 BILLION annually in food stamps and other taxpayer assistance…to survive.
Walmart’s intentionally low wages cost the country HUNDREDS OF MILLIONS of dollars in payroll tax deductions for Federal, State, and Local taxes.
Walmart’s intentionally low wages cost our communities the ability to hire and retain important public service workers like firefighters, police officers, maintenance workers, and teachers.
Walmart’s intentionally low wages cost our communities with their increased need for those same public services they are underfunding.
Walmart’s intentionally low wages and lack of covered benefits cost taxpayers over $1.02 BILLION a year in healthcare costs.
Walmart’s intentionally low wages cost taxpayers as much as $225 MILLION in free and reduced price lunches for school-age children.
Walmart’s intentionally low wages cost taxpayers over $780 MILLION in tax deductions for low-income families.
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