FreshTart
05-21-05, 07:44 PM
http://www.responsibleshopper.org/basic.cfm?cusip=931142
In May, 2004, Good Jobs First showed that Wal-Mart has received more than $1 billion in economic development subsidies from states for its stores. The subsidies have come as many states are forced by White House tax cuts and reductions in federal grants to make tough budget decisions. The Center on Budget and Policy Priorities shows states are cutting subsidies for publicly funded health insurance, child care, federal employment, both higher and lower education, and programs aimed at public safety and people with disabilities. Taxpayer dollars continue to subsidize Wal-Mart, who took in more than $200 billion in revenue and netted nearly $9 billion in profits last year, while paying worker near-poverty wages, and violating environmental regulations Source: The Progress Report, May 28, 2004
:surprised
In May, 2004, Good Jobs First showed that Wal-Mart has received more than $1 billion in economic development subsidies from states for its stores. The subsidies have come as many states are forced by White House tax cuts and reductions in federal grants to make tough budget decisions. The Center on Budget and Policy Priorities shows states are cutting subsidies for publicly funded health insurance, child care, federal employment, both higher and lower education, and programs aimed at public safety and people with disabilities. Taxpayer dollars continue to subsidize Wal-Mart, who took in more than $200 billion in revenue and netted nearly $9 billion in profits last year, while paying worker near-poverty wages, and violating environmental regulations Source: The Progress Report, May 28, 2004
:surprised