Walmart, the world’s wealthiest corporation, has avoided an estimated $104 million in U.S. taxes by granting extravagant “performance pay” bonuses to top executives, according to a new report by Americans for Tax Fairness and the Institute for Policy Studies. The company utilizes a loophole that allows companies such as Walmart… Read More»
America’s richest family contributes almost none of their personal wealth to the family’s charity, according to a new report by the Walmart 1 Percent. The Waltons are the wealthiest family in the United States and control a majority of shares in Walmart. Six members of the family are among the 85 wealthiest individuals… Read More»
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A new report released by Americans for Tax Fairness reveals the true costs everyday consumers pay for Walmart’s low prices. The company, and specifically the several Walton family members who control it, receive an estimated $7.8 billion per year in tax breaks and taxpayer subsidies. The Waltons are the wealthiest… Read More»