Each Wal-Mart store costs the local community more than $400,000 to provide food stamps and rent relief and healthcare assistance to company employees who seldom make a living wage and seldom have comprehensive medical insurance. That is $400,000 times 4756 stores or $1.9 billion dollars that goes from local taxpayers to the Walton famil…
Each Wal-Mart store costs the local community more than $400,000 to provide food stamps and rent relief and healthcare assistance to company employees who seldom make a living wage and seldom have comprehensive medical insurance. That is $400,000 times 4756 stores or $1.9 billion dollars that goes from local taxpayers to the Walton family. With a subsidy like that competitors have no chance at all to succeed. It is also reflective of the burden that small businesses have in providing medical insurance for their employees in the only industrialized nation that lacks universal health care. A business with fewer than 30 employees pays medical insurance rates that are more than double that of medium size businesses.
Each Wal-Mart store costs the local community more than $400,000 to provide food stamps and rent relief and healthcare assistance to company employees who seldom make a living wage and seldom have comprehensive medical insurance. That is $400,000 times 4756 stores or $1.9 billion dollars that goes from local taxpayers to the Walton family. With a subsidy like that competitors have no chance at all to succeed. It is also reflective of the burden that small businesses have in providing medical insurance for their employees in the only industrialized nation that lacks universal health care. A business with fewer than 30 employees pays medical insurance rates that are more than double that of medium size businesses.