Wal-Mart allows own employee to get killed .
Your tax dollars pay for Wal-Mart's greed
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The estimated total amount of federal assistance for which Wal-Mart employees were eligible in 2004 was $2.5 billion. [Harpers Index, Harpers Magazine, Vol. 310, No. 1858, 3/2005]
One 200-employee Wal-Mart store may cost federal taxpayers $420,750 per year. This cost comes from the following, on average:$36,000 a year for free and reduced lunches for just 50 qualifying Wal-Mart families.
$42,000 a year for low-income housing assistance.
$125,000 a year for federal tax credits and deductions for low-income families.
$100,000 a year for the additional expenses for programs for students.
$108,000 a year for the additional federal health care costs of moving into state children's health insurance programs (S-CHIP)
$9,750 a year for the additional costs for low income energy assistance.
[THE HIDDEN PRICE WE ALL PAY FOR WAL-MART, A REPORT BY THE DEMOCRATIC STAFF OF THE COMMITTEE ON EDUCATION AND THE WORKFORCE, 2/16/04]
Your tax dollars subsidize Wal-Mart's growth
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The first ever national report on Wal-Mart subsidies documented at least $1 billion in subsidies from state and local governments.
A Wal-Mart official once stated that it is common for the company to request subsidies in about one-third of all [retail] projects. This would suggest that over a thousand Wal-Mart stores have been subsidized. [Shopping For Subsidies: How Wal-Mart Uses Taxpayer Money to Finance Its Never-Ending Growth, Good Job First, May 2004]
Wal-Mart buys much of its merchandise from China
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Wal-Mart reports that it purchased $18 billion of goods from China in 2004.
Wal-Mart is responsible for about 1/10th of the U.S. trade deficit with China.
[U.S. Stock Investors Wary of Analyst 'Yuan Plays': Taking Stock, Bloomberg, 7/1/05]
If Wal-Mart were an individual economy, it would rank as Chinas eight-biggest trading partner, ahead of Russia, Australia and Canada.
[China Business Weekly, 12/02/2004]
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