Saturday, November 3, 2012

Walmart Is America’s First Welfare Queen Superstore

From: Karin M.
Sent: November 3, 2012
To: undisclosed recipients
Subject: Fw: Walmart Is America’s First Welfare Queen Superstore

Walmart’s low wages cost government approximately $2.66 BILLION annually in food stamps and other taxpayer assistance. I work at Wally World and see them rack in millions each and every year but still try to tell us that there isn't enough margin to pay us more and to offer better benefits  I came across this article that pretty much tells the story about Walmart. Please share with others. Karin M.
By Michael Hayne

After it was reported that the heirs of Walmart were worth the same amount as the bottom 40 percent of Americans, you probably thought there couldn’t possibly be anymore reasons to hate the colossal seller of crappy merchandise. Paying its Chinese workers a nickel-an-hour to make more Snuggies and making its octogenarian greeters stand for hours in order to say hello to shoppers who belch and fart in their direction is really appalling, but that it reaps the biggest benefits from the food stamp program–the evil socialist program that dares to allow working families to eat something other than discarded paint chips, and the very program that Republicans smear and want to destroy–truly ups the ante.

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, totaling $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.

That’s right–Walmart pays its employees dirt, reaps enormous profits, forces its employees to enroll in social programs like food stamps, and then profits even further as its employees and all the other Americans still recovering from the economic abortion caused by the Walmarts of the world spend their food stamps. But why bother introducing legislation that seeks to impose severe fines on multibillion dollar corporations who line their pockets at the expense of taxpayers by refusing to pay their employees fair wages when it’s just so much easier to kill the poor.

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