Walmart, America’s largest corporation, dodges an average of $1 billion in U.S. taxes every year through loopholes and is scheming to avoid billions more, according to a new report published today by Americans for Tax Fairness. The profitable mega retailer is well-known for its aggressive efforts to cut costs and maximize… Read More»
Ordinary, middle-income Americans give away 6 percent of their income to charity. Some billionaires give away over 25 percent of their net worth to charity. The chair of Walmart on the other hand… Learn more about the Walton’s phony philanthropy.
Walmart, the nation’s most profitable corporation, may also be the greatest beneficiary of the taxpayer-funded Supplemental Nutrition Assistance Program (SNAP), commonly referred to as food stamps. But how has Walmart managed to make so much money off of taxpayers? For the short answer, take a look at the chart below… Read More»
“Let’s be clear on what’s happening here. Even though the company can easily afford it, Walmart refuses to pay its workers decent wages. So it relies on taxpayers to make up the difference by funding government assistance programs for its employees. The company and its controlling family then avoid paying… Read More»
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»
Learn how he does it: America’s Wealthiest Family Uses Phony Philanthropy to Increase Personal Wealth
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»
Find out how: http://bit.ly/1fesPmV
Here’s how he does it: http://bit.ly/1fesPmV
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»