Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

kpete

(71,994 posts) Mon Apr 14, 2014, 04:29 PM Apr 2014

Walmart continues to be the biggest welfare queen in history

http://www.americansfortaxfairness.org/files/Walmart-on-Tax-Day-Americans-for-Tax-Fairness-1.pdf

3 replies

= new reply since forum marked as read

Highlight:

Walmart continues to be the biggest welfare queen in history (Original Post) kpete Apr 2014 OP

They shouldn't get a dime agbdf Apr 2014 #1

Shouldn't the $8 billion that Walmart pays in corporate taxes be offset against this? Nye Bevan Apr 2014 #2

That may be another area of increased cost to taxpayers, aka-chmeee Apr 2014 #3

agbdf

(200 posts)

1. They shouldn't get a dime

Reply to kpete (Original post)

Mon Apr 14, 2014, 04:30 PM

Apr 2014

Time for them to go cold turkey.

Nye Bevan

(25,406 posts)

2. Shouldn't the $8 billion that Walmart pays in corporate taxes be offset against this?

Reply to kpete (Original post)

Mon Apr 14, 2014, 04:42 PM

Apr 2014

http://www.usatoday.com/story/money/personalfinance/2013/03/17/companies-paying-highest-income-taxes/1991313/

And how about the total income taxes paid by Walmart employees? And sales taxes collected by Walmart?

I'm just trying to figure out whether Walmart as a whole is a net benefit, or cost, to taxpayers.

aka-chmeee

(1,132 posts)

3. That may be another area of increased cost to taxpayers,

Reply to Nye Bevan (Reply #2)

Mon Apr 14, 2014, 05:55 PM

Apr 2014

Many of Wal-Mart's employees benefit from Earned Income Tax Credit provisions of the tax codes and thus pay little or even negative taxes. (This information comes of having family member slaving there)

Reply to this discussion