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Table of tax breaks and subsidies used by Walmart and the Walton family to save $7.8 billion a year.
Walmart and the Walton family certainly have reason to be having a happy tax day. Americans for Tax Fairness rounds up the tax avoidance strategies Walmart and the Walton family use to keep taxpayers subsidizing their big profits and enormous wealth:
  • Walmart receives an estimated $6.2 billion annually in mostly federal taxpayer subsidies. The reason: Walmart pays its employees so little that many of them rely on food stamps, health care and other taxpayer-funded programs.
  • Walmart avoids an estimated $1 billion in federal taxes each year. The reason:
    Walmart uses tax breaks and loopholes, including a strategy known as accelerated
    depreciation that allows it to write off capital investments considerably faster than
    the assets actually wear out.
  • The Waltons avoid an estimated $607 million in federal taxes on their Walmart
    dividends. The reason: income from investments is taxed at a much lower tax rate
    than income from salaries and wages.
It's all perfectly legal, strategies used by many if not most huge corporations and 0.1 percent families. But that's the point. The system is rigged in favor of those who can hire lobbyists and give max-out campaign contributions.

Sign the petition: Stop corporate tax giveaways.

Originally posted to Daily Kos Labor on Tue Apr 15, 2014 at 06:54 AM PDT.

Also republished by Daily Kos.

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Comment Preferences

  •  I'm too poor to pay taxes (9+ / 0-)

    Poverty is the worst form of violence. - Mahatma Gandhi

    by blueoregon on Tue Apr 15, 2014 at 07:02:25 AM PDT

  •  It's the only money MalWart gets... (16+ / 0-)

    ...out of me, since I never shop at their gargantuan crap emporiums, and never will.

    Float like a manhole cover, sting like a sash weight! Clean Coal Is A Clinker!

    by JeffW on Tue Apr 15, 2014 at 07:02:58 AM PDT

    •  Waltons : Vultures & Hypocrits. And HRC? (3+ / 0-)
      Recommended by:
      alypse1, Caniac41, cymricmorty

      Formerly on their Board, never pushed back against their model (at least not that anyone knows). That alone gives me huge pause when it comes to coronating her.

      "We can either have democracy in this country or we can have great wealth concentrated in the hands of a few. But we can't have both." - Justice Louis Brandeis

      by flitedocnm on Tue Apr 15, 2014 at 09:57:58 AM PDT

      [ Parent ]

  •  Just a thought (1+ / 0-)
    Recommended by:
    Yo Bubba

    I know Amazon is not the best of all employers but I read recently about them paying employees to quit. $1000 for more recent hires up to $5,000 for longer term ones.

    http://blogs.hbr.org/...

    Does anyone think Walmart would try that?

    I ♥ rock crushers.

    by fly on Tue Apr 15, 2014 at 07:29:48 AM PDT

    •  MalWart doesn't have enough employees... (0+ / 0-)

      ...in many of their stores to be able to do that, let alone serve their customers.

      Float like a manhole cover, sting like a sash weight! Clean Coal Is A Clinker!

      by JeffW on Tue Apr 15, 2014 at 09:44:50 AM PDT

      [ Parent ]

    •  Something fishy (0+ / 0-)

      From what I have read, Amazon uses "fulfillment centers" via third parties. So Jane or Jack doesn't actually work for Amazon, they work for CrappyFulfillment, Inc. Since technically they are not employees of Amazon, I assume that they would not be eligible for the exit payment scheme.

      Amazon can make a nice PR stir about it at the same time they call up CrappyFulfillment and tell them to get their numbers up. Those warehouse workers who are getting ripped off (wait for 20 minutes to clear the security checks before shift, after shift, and for lunch break off the clock) won't see any exit pay...just a swift kick in the ass if they don't run twice as fast through the warehouse as before.

      •  something fishy (0+ / 0-)

        They may have some of those but the people I know work for Amazon it's self. Even get Amazon stock. What I understand is some of their products are other companies that they sell for, but they just take those orders and pass them on to the other companies who do their own billing and shipping. The TV I bought recently was from the Amazon web site, but another Company sent it to us and billed our credit card, not Amazon.

    •  pay to quit (0+ / 0-)

      I don't think they (Amazon) do this in all their facilities as I know people who work for them and I questioned them after I read the diary and NONE of them ever heard of such a policy and they were never asked. So is it possible they only do it at Zappos? I am talking about warehouse people not front office.

  •  Question (5+ / 0-)

    Before we know how much tax Walmart avoids, can we understand how much they actually pay?

    How much in corporate taxes does it pay? How much in income/property/sales taxes do its employees (low and high) generate? How much in capital gains / dividend taxes do its shareholders pay?

    You need that data to see in context how much of a problem these purported issues are.

    (-5.50,-6.67): Left Libertarian
    Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

    by Sparhawk on Tue Apr 15, 2014 at 09:35:14 AM PDT

  •  I shared this puppy. (1+ / 0-)
    Recommended by:
    JVolvo

    My RW FB friends will ignore it but some of the apolitical ones might read it.

  •  Walmart would be stupid (0+ / 0-)

    not to utilize the tax loopholes and shelters. Good luck trying to change those laws.

    •  Who bought and paid for those loopholes and (4+ / 0-)

      tax shelters?

      •  Accelerated depreciation (0+ / 0-)

        is not a loophole, it is a policy used by both sides of the aisle, often in an attempt to stimulate purchasing and the economy.

        And it is incorrect to characterize it as an avenue for huge corporations and 0.1 percent families. It is widely used by every small business person.

        •  Why can't a corporation/family with billions and (1+ / 0-)
          Recommended by:
          penelope pnortney

          billions both utilize accelerated depreciation and pay employees enough wages so they don't work full time and also need welfare.

          Americans aren't paid enough anymore and the rich buy tax laws. Nothing you wrote dents these facts.

        •  I don't care (1+ / 0-)
          Recommended by:
          Grabber by the Heel

          if the Waltons get as rich as Croesus.  I do care that they and their ilk use their position of wealth to (further) bastardize the economic system to their advantage - exploiting people who are just trying to make a living and shifting the costs of doing business this way to American taxpayers.  All in the name of greed - there's no other explanation for the accumulation of wealth that couldn't be spent in 10 lifetimes being acquired on the backs of people who struggle to put food on their tables.  The Waltons are the poster children for the evils inherent in capitalism and their actions are particularly antithetical to the God, country and family values that those Milli Vanilli, lip-syncing Republicans love to tout.  If it's true that God has abandoned America, you can lay the entire blame at the feet of these unapologetic  Mammon worshippers. The love of money is indeed the root of all kinds of evil, no wonder we seem to be going to hell in a handbasket on steroids.

  •  When I Think of Walmart, I Think of "Dead Peasant" (3+ / 0-)
    Recommended by:
    JVolvo, hbk, JeffW

    life insurance policies they secretly took out on their employees who unwittingly permitted it when they signed employment documents.

    Everyone thought that Walmart was really decent hiring the disabled and senior citizens part-time as greeters, but they had ulterior motives that were far beneath honorable -- it's always about GREED with oligarch trash.

    (Walmart -- "Always Low Morals")

    •  When I think of Walmart, I remember that Hillary (5+ / 0-)

      Clinton was an Attourney working for them or on their board of directors.

      But it was not long ago Obama was using ties to Walmart as a wedge issue attacking Hillary Clinton’s service on the board of directors of the world’s largest retailer.

      “While I was working on those streets watching those folks see their jobs shift overseas, you were a corporate lawyer sitting on the board at Walmart,” then-Senator Obama said to Hillary Clinton in a 2008 debate.

      source here
  •  The Waltons: The Greediest Family in the US (3+ / 0-)
    Recommended by:
    ChuckChuckerson, hbk, Forest Deva

    impoverishing hundreds of thousands of Americans for their own gain.

    "If Wall Street paid a tax on every “game” they run, we would get enough revenue to run the government on." ~ Will Rogers

    by Lefty Coaster on Tue Apr 15, 2014 at 09:45:50 AM PDT

    •  I thought that was the Kochs? (0+ / 0-)

      Someone needs to tell Harry...

      "When you're wounded and left on Afghanistan's plains, And the women come out to cut up what remains, Jest roll to your rifle and blow out your brains An' go to your Gawd like a soldier." Rudyard Kipling

      by EdMass on Tue Apr 15, 2014 at 10:01:48 AM PDT

      [ Parent ]

  •  Corporate Welfare Kings like Waltons... (8+ / 0-)

    ...could feed millions with their tax breaks, but accumulating massive wealth, helped along by evading paying their fair share into  the US Treasury is apparently the more "Christian" thing to do--at least in Fundie Corporate World.

  •  Just a few questions (0+ / 0-)

    How many of the commenters have ever shopped at Walmart?

    Of those that have, why?  Prices?  Why?

    Righteous indignation is cool.  

    Yet, the reason it exists is because those we support in the middle and lower-mddle and poor can afford to get their food and clothes there.

    They're evil?  They're good?

    Full disclosure.  I just bought 2 pair of quality jeans for $21.  Seems like a great deal.

    What the heck is "your" alternative?

    "When you're wounded and left on Afghanistan's plains, And the women come out to cut up what remains, Jest roll to your rifle and blow out your brains An' go to your Gawd like a soldier." Rudyard Kipling

    by EdMass on Tue Apr 15, 2014 at 09:58:03 AM PDT

    •  I have never shopped at a Walmart store (4+ / 0-)
      Recommended by:
      pat bunny, Caniac41, JeffW, rhauenstein

      I just don't go there.

      •  Oh, you're a Target guy then? n/t (1+ / 0-)
        Recommended by:
        pat bunny

        "When you're wounded and left on Afghanistan's plains, And the women come out to cut up what remains, Jest roll to your rifle and blow out your brains An' go to your Gawd like a soldier." Rudyard Kipling

        by EdMass on Tue Apr 15, 2014 at 10:06:14 AM PDT

        [ Parent ]

        •  Walmart is the company store. (1+ / 0-)
          Recommended by:
          JeffW

          1. Walmart exists to make a profit.
          2. Walmart doesn't want you to have any alternative.

          -4.38, -7.64 Voyager 1: proof that what goes up never comes down.

          by pat bunny on Tue Apr 15, 2014 at 10:15:05 AM PDT

          [ Parent ]

          •  Just like virtually every large business. nt (0+ / 0-)
            •  Just trying to point out to EdMass that Walmart (1+ / 0-)
              Recommended by:
              MPociask

              does not exist to provide affordable food and clothing to the middle class and poor. That's not Walmart's mission.
              Their mission is to make the Waltons as wealthy as possible while keeping their workers and customers as poor as possible--but still have enough cash to be able to shop at the company store. The competition should remain too expensive for most folks. This mission is easier to accomplish when Walmart is the biggest employer, their employees are prohibited from organizing and their customers cannot afford representation in government.

              -4.38, -7.64 Voyager 1: proof that what goes up never comes down.

              by pat bunny on Tue Apr 15, 2014 at 12:35:14 PM PDT

              [ Parent ]

    •  Seriously? (1+ / 0-)
      Recommended by:
      JeffW
      Yet, the reason it(Walmart) exists is because those we support in the middle and lower-mddle and poor can afford to get their food and clothes there.
      You're not even wrong.
      1. Walmart exists to make a profit.

      -4.38, -7.64 Voyager 1: proof that what goes up never comes down.

      by pat bunny on Tue Apr 15, 2014 at 10:09:17 AM PDT

      [ Parent ]

      •  Go to one. See who is shopping there... (0+ / 0-)

        Where are they supposed to go?  Neiman Marcus and Whole Foods?

        "When you're wounded and left on Afghanistan's plains, And the women come out to cut up what remains, Jest roll to your rifle and blow out your brains An' go to your Gawd like a soldier." Rudyard Kipling

        by EdMass on Tue Apr 15, 2014 at 10:15:23 AM PDT

        [ Parent ]

        •  No (2+ / 0-)
          Recommended by:
          pat bunny, JeffW

          But, depending on what region they're in, they could go to Costco and Winco and the farmer's market (our farmers markets in Oregon accept food stamps) for food, and to thrift and consignment stores for clothes. I understand that in many communities, Walmart has become the prevalent option, but I'd like to see a story about a middle to working-class town or city in which Walmart is the ONLY place to go other than extremely high priced, upper-middle class options.

          We are all students and teachers. I often ask myself: "What did I come here to learn, and what did I come to teach?"

          by nerafinator on Tue Apr 15, 2014 at 10:30:14 AM PDT

          [ Parent ]

        •  No (4+ / 0-)
          Recommended by:
          pat bunny, JeffW, Damnit Janet, MPociask

          Before Wal-mart invades a community - you had local businesses where you could buy similar goods.  Once they come to a small town - local businesses dry up.  Go look at downtown areas of small towns where a Wal-Mart has come  and see all the empty store fronts.

          FTR - I do not shop at Wal-Mart and won't shop at Wal-Mart.  I buy my food from my local Krogers and my meat at the local butcher shop where it is healthier than any grocery store meat counter. I shop at Kohl's or Belk for clothing if I need something and Trader Joe's for other stuff.  If I need hardware type items - i go to one of two local hardware stores.  I try to avoid cheap crap from China.

          They are a predatory animal and if you want things to change in your community - don't feed the predator.

          Why do Republicans Hate Americans?

          by Caniac41 on Tue Apr 15, 2014 at 10:45:48 AM PDT

          [ Parent ]

        •  And where are they supposed to shop (0+ / 0-)

          When powerhouse Wal-mart moves in and all the local stores end up closing because they can't compete with Wal-mart's ruthless business practices.  Wal-marts have decimated local economies - both when they've come in and when they've decide because it's not profitable enough and leave.  You've either been living under a rock for the past couple of decades or you're being dishonest.

    •  How about... (4+ / 0-)

      Less for the top and more for the workers?  Does it really take essentially less than minimum wage to prop up those low prices or would a little reduction in what goes to the Waltons also be helpful at controlling costs?

      And why the tax breaks?  If the business model is so sound, why are they necessary?  

      •  Our Gubmint wrote the (0+ / 0-)

        f'g tax code.  Complain to your representatives as a first step.

        "When you're wounded and left on Afghanistan's plains, And the women come out to cut up what remains, Jest roll to your rifle and blow out your brains An' go to your Gawd like a soldier." Rudyard Kipling

        by EdMass on Tue Apr 15, 2014 at 10:16:50 AM PDT

        [ Parent ]

        •  Forest Deva has a point - (3+ / 0-)
          Recommended by:
          Forest Deva, rhauenstein, MPociask

          Costco follows that model.  They are profitable and successful, employees make almost double minimum wage plus they get  benefits, including health care.

          There are far more factors than a tax code that influence a business model; there are no laws prohibiting corporations from actually doing the right thing, a al Costco.  

          And, no, I don't shop at Walmart simply because there isn't one close by (surprisingly enough).  Costco?  Yes.

          The most violent element in society is ignorance.

          by Mr MadAsHell on Tue Apr 15, 2014 at 11:23:36 AM PDT

          [ Parent ]

        •  Absolutely agree on the effing tax code. (1+ / 0-)
          Recommended by:
          EdMass

          However our reps seem to be wholly owned subsidiaries of the Walton family (not to mention the Kochs, the Adelsons, etc.)

    •  IF we had a well paid workforce as we did in the (4+ / 0-)
      Recommended by:
      pat bunny, JeffW, Mr MadAsHell, MPociask

      50s-80s we wouldn't need Walmart's low priced emporium for the low paid worker.

      Walmart is the company store in corporate America's company town.

      •  Oh, the period when big box stores didn't exist (2+ / 0-)
        Recommended by:
        Caniac41, JeffW

        Plenty of local small stores competing for customers and Sears.  

        That may not have been right, but I do remember it seemed to have worked a whole lot better.  

        Do not overlook our part in this evolution...

        "When you're wounded and left on Afghanistan's plains, And the women come out to cut up what remains, Jest roll to your rifle and blow out your brains An' go to your Gawd like a soldier." Rudyard Kipling

        by EdMass on Tue Apr 15, 2014 at 10:21:04 AM PDT

        [ Parent ]

        •  Our part? The American worker hasn't had a (3+ / 0-)
          Recommended by:
          pat bunny, JeffW, Mr MadAsHell

          voice or vote in how the American economy is organized since the 1960s. That voice came out of the private sector Union bullhorn.

          People may have tried out Reagon, a Wall St Dem, or a repugian congress, but they didn't think they were voting for lower pay or having the factory they worked in sent overseas. Of course they were, but they thought they were voting for a financial security and a future for their kids.

          Allowing yourself to be lied to and bamboozled into voting against your own interests is a dumb thing to do, but the liar and bamboozler are the bad guys.

    •  I highly doubt.... (5+ / 0-)

      That the jeans you got were "quality" - and I mean nothing personal by that, as I myself own plenty of non- quality clothing and other things bought at places like Wal-Mart.  Personally, we're more a Target family - I try to never go to Wal-Mart, except in case of an emergency (it is open 24 hours a day).  The customer service is terrible  to non-existent, the check out lines are long because they never have enough people working them, and the produce always looks terrible.  And yes, I feel bad supporting them, and try to avoid giving them any money.

      Also,  whenever I'm in Wal-Mart I price compare groceries - the prices don't seem any cheaper, and in fact, have been more expensive.  So I'd like to push back against the idea that somehow poor and middle class people need Wal-Mart - certainly, an advertising blitz may have convinced them they do.  And I think you're right that we need to more sensitive to those customers - there are a lot of them!  

      More gnerally, do we need cheap consumer items made overseas?  I don't think we do.  The reason that stuff costs so little isn't even because of the cheap labor cost, usually - it's the use of cheap materials, lack of quality control, etc.  

      Maybe I'm wrong about those jeans, btw, and they'll last a long time and fit great too.  For your sake, I hope so!  But I think we'd all be better off if we could get back to purchasing quality goods, made right here in America.  How we get there, your guess is as good as mine.

      •  See (0+ / 0-)

        Globalization of Retail.

        Enter "retail globalization" into Google.

        NAFTA

        Nafta

        (A Democratic initiative don't y'a now)

        I generally agree. Yet, those I see there are those I see there.  I don't believe a lot of comparison price shopping is going on by customers going from store to store to get a few cents better deal on a box of rice.    

        Also, I don't believe I said they "need" Walmart, I think I said that's where they go...

        "When you're wounded and left on Afghanistan's plains, And the women come out to cut up what remains, Jest roll to your rifle and blow out your brains An' go to your Gawd like a soldier." Rudyard Kipling

        by EdMass on Tue Apr 15, 2014 at 10:47:29 AM PDT

        [ Parent ]

        •  Um, not really. (0+ / 0-)
          Nafta
          (A Democratic initiative don't y'a now)
          More Republicans than Dems voted for it in both Houses, and Poppy Bush "spearheaded" the effort to get it "fast-tracked" before he left office. Quotes from Wikipedia article.

          "Lone catch of the moon, the roots of the sigh of an idea there will be the outcome may be why?"--from a spam diary entitled "The Vast World."

          by bryduck on Tue Apr 15, 2014 at 01:10:35 PM PDT

          [ Parent ]

    •  $11 jeans (4+ / 0-)

      At the cost of the 8 year old in Malaysia or India who made them for $.10 an hour, stocked in the apparel department by a single mom and checked out by a 70 year old who had to come out of retirement, both struggling to get by on minimum wage. A theoretical example, of course, but one grounded in a ton of general reality.

      We are all students and teachers. I often ask myself: "What did I come here to learn, and what did I come to teach?"

      by nerafinator on Tue Apr 15, 2014 at 10:49:24 AM PDT

      [ Parent ]

      •  Sorry (0+ / 0-)

        I've been out of work for 3 years.  A "general reality" as you say.

        "When you're wounded and left on Afghanistan's plains, And the women come out to cut up what remains, Jest roll to your rifle and blow out your brains An' go to your Gawd like a soldier." Rudyard Kipling

        by EdMass on Tue Apr 15, 2014 at 11:00:18 AM PDT

        [ Parent ]

        •  Ouch (1+ / 0-)
          Recommended by:
          bryduck

          Just like I wouldn't joke about the plight of the minimum wage worker, I wouldn't joke about your circumstance either. I'm so sorry that that has been your reality for so long now.

          But couldn't you have found jeans for even cheaper than that at a thrift store in your community that supports a charity? Here in my city (in Oregon) we have several that benefit homeless shelters, food banks, salvation army, red cross etc.

          We are all students and teachers. I often ask myself: "What did I come here to learn, and what did I come to teach?"

          by nerafinator on Tue Apr 15, 2014 at 11:58:05 AM PDT

          [ Parent ]

    •  I stopped shopping at Wal-Mart (0+ / 0-)

      over 10 years ago, because of their business practices.  I don't negotiate with economic terrorists.

  •  But... (1+ / 0-)
    Recommended by:
    pat bunny

    ...we're all richer for having that Walmart shopping experience.  Or something.

    I'm not always political, but when I am I vote Democratic. Stay Democratic, my friends. -The Most Interesting Man in the World

    by boran2 on Tue Apr 15, 2014 at 10:00:01 AM PDT

  •  Simplify the tax code (1+ / 0-)
    Recommended by:
    EdMass

    The answer is simple, abolish the current tax code and implement a flat tax on corporations and individuals alike.

    Of course that means politicians have to stand up to lobbyists. Good luck with that no matter what your political persuasion

    •  Bingo! You i win the thread. n/t (0+ / 0-)

      "When you're wounded and left on Afghanistan's plains, And the women come out to cut up what remains, Jest roll to your rifle and blow out your brains An' go to your Gawd like a soldier." Rudyard Kipling

      by EdMass on Tue Apr 15, 2014 at 10:23:35 AM PDT

      [ Parent ]

    •  Actually (3+ / 0-)
      Recommended by:
      JeffW, Mr MadAsHell, rhauenstein

      A Flat tax does nothing to help the poor and the middle class but it gives the wealthy even more $$.  

      Look at it this way.  A 10% tax rate - on a $25,000 earned income - it would be $2,500 leaving $22,500 to live on.  AND if this flat tax does not include sales taxes/property taxes or FICA taxes - then it hurts the person.  If someone has an earned income of $1,000,000 their 10% would be $100,000 - leaving $900,000 to live on.  See the difference.

      If there were to be a "flat Tax" then it should not be on incomes lower than $35,000. AND it should include ALL INCOME not just Earned Income - ALL INCOME sources - carried interest income and all. ALSO SSI should be exempt...

      What we should do is abolish all tax loopholes for those wealthy people and companies.  Raise the carried income tax to 50% on all incomes over $1,000,000  and to 70% on incomes over $5M.  Companies like Citibank should not get a tax refund for paying their $50B fine (or whatever it was). End tax subsides to large Oil, Financial institutions, Large Agriculture and other companies. We need to go after all the money that is 'parked' overseas.

      Then a flat tax of 10% for all EARNED INCOME - for those making more than $35,000 to $500,000 and 25% on Earned Incomes up to $1M Remove the cap on SSI and lower the retirement age to 62.

      you may say I'm a dreamer
      But I'm not the only one

      John Lennon

      Why do Republicans Hate Americans?

      by Caniac41 on Tue Apr 15, 2014 at 11:05:19 AM PDT

      [ Parent ]

      •  A "flat tax" with an income floor (0+ / 0-)

        is simply a progressive tax with fewer brackets.

        "Lone catch of the moon, the roots of the sigh of an idea there will be the outcome may be why?"--from a spam diary entitled "The Vast World."

        by bryduck on Tue Apr 15, 2014 at 01:12:48 PM PDT

        [ Parent ]

      •  Caniac41, I think you have the wrong initials. (0+ / 0-)

        SSI is Supplemental Security Income -- a program for the extremely poor. SSD is for disability and SS or SSR is regular Social Security retirement. Sorry but it makes a difference to reference the correct program.

  •  Accelerated depreciation ..... (2+ / 0-)
    Recommended by:
    texcap, JeffW

    .... has been around for some time and is available to any business with capital assets (plant and equipment) that depreciate .... which means nearly all.

    It really isn't in the same category as underpaying your employees so they take public assistance, moving your assets to foreign countries (on paper) to evade taxes, having the Walton family's capital gains taxed less, or the "carried interest" exclusion that Mitt utilized.

    Whether accelerated depreciation achieves its goal of encouraging capital spending to occur sooner is a fair question - and I wouldn't oppose eliminating it at some point as part of a progressive financial restructuring. It's just that this isn't limited to the Waltons, and I learned about its applications in Accounting 201 .... well, many more years ago than I care to recall.
     

    "We should pay attention to that man behind the curtain."

    by Ed Tracey on Tue Apr 15, 2014 at 10:17:39 AM PDT

  •  Actually, by my calculations... (2+ / 0-)
    Recommended by:
    Caniac41, JeffW

    with 7.8 billion dollars, you could hire 156,000 teachers at $50,000 per year or 130,000 teachers at $60,000 a year.

    Most of the teachers I know here in Oregon make $35-45k a year. Only the largest three or four school districts in the state start masters-degree holding teachers at $40k or slightly more. Typically it's only the teachers who have been on the same salary schedule in the same school district for 10+ years who get up into the 50-60k range.

    So if we hired $7.8 billion worth of teachers at the $35-45k/year my teacher friends make, we could hire 173,333 - 222,857 teachers. Of course your mileage may vary based on the typical teacher salaries in your state or region.

    We are all students and teachers. I often ask myself: "What did I come here to learn, and what did I come to teach?"

    by nerafinator on Tue Apr 15, 2014 at 10:20:38 AM PDT

  •  Accelerated depreciation? (2+ / 0-)
    Recommended by:
    Mr MadAsHell, Sparhawk

    Things like that make it hard to take the report seriously, even though I know some of what it contains is truly outrageous.

    Accelerated depreciation is hardly some fancy accounting trick and is hardly unique to Wal-Mart.  Small businesses use a version of accelerated depreciation every time they expense an asset purchase -- something that is allowed for up to $10,000 worth of assets.

    And accelerated depreciation doesn't change the amount of tax you owe so much as it changes when you owe it. Depreciate $100 this year, you have a $100 write-off this year.  Depreciate it over two years, you have a $50 write-off this year and a $50 write-off next year.

    LG: You know what? You got spunk. MR: Well, Yes... LG: I hate spunk!

    by dinotrac on Tue Apr 15, 2014 at 10:54:44 AM PDT

  •  I invite some bard to step up and write the (0+ / 0-)

    lyrics:

    Don't cry for Walmart on tax day
    The truth is, they NEEEEEver paid 'em....

  •  Economist John Kenneth Galbraith (0+ / 0-)

    John Kenneth Galbraith, 97 Economist Held a Mirror to Society

    By HOLCOMB B. NOBLE and DOUGLAS MARTIN
    Published: April 30, 2006

    He completed two books in 1952, "American Capitalism: The Concept of Countervailing Power" and "A Theory of Price Control." In "American Capitalism," he set out to debunk myths about the free market economy and explore concentrations of economic power. He described the pressures that corporations and unions exerted on each other for increased profits and increased wages, and said these countervailing forces kept those giant groups in equilibrium and the nation's economy prosperous and stable....

    Fewer than 10 per cent of American workers belong to unions today. Unions are almost non-existent in the service sector.

    You Don't Happen To Make It. You Make It Happen !

    by jeffrey789 on Tue Apr 15, 2014 at 12:38:44 PM PDT

  •  ROFLMAO - accel depr is a "strategy"?? (1+ / 0-)
    Recommended by:
    Sparhawk

    Um, accelerated depreciation is the tax law.  On many types of fixed assets a business has to elect OUT of using it.

    My Karma just ran over your Dogma

    by FoundingFatherDAR on Tue Apr 15, 2014 at 01:51:52 PM PDT

  •  Walmart could choose to pay a living wage (1+ / 0-)
    Recommended by:
    justaHippie

    The managers of Walmart, up through and including the board and the owners, could choose to pay a living wage to their workers. They would have to reduce their profits, of course. But their current profit rates depend on their workers managing to stay alive somehow, and our tax dollars are being used to keep those workers alive, so our tax dollars are really going to keep Walmart profits high. That’s not how tax revenue is supposed to be used.

  •  The only real abuse here is min. wage. (0+ / 0-)

    The minimum wage SHOULD NEVER qualify you for these poverty programs! It is a corruption of capitalism to pay such low wages that the government must step in to support your workers. The minimum wage should always increase when the poverty line moves up, no questions asked. If we had done this over the last forty years, the minimum wage would be about $17/hour today! I earned more as a 14 year old in the sixties than min. wage workers today! THAT IS UNCONSCIONABLE!

  •  I don't cry for them (0+ / 0-)

    I've boycotted 'em along with my family for 22 years. My eldest son came home from orientation for his new job with copies of apps for food stamps & assistance.

    If you teach your child only one thing, let it be kindness through example.

    by Nodin on Wed Apr 16, 2014 at 10:37:24 AM PDT

  •  Cott these mfers at the artery... (0+ / 0-)

    They will not survive solely on the backs of the lowest income. I shop at Target... hell yea. Better employment, the less the bendover. They don't run away when I say 'scuse me, where's da butter. Although that hooker got my digits unwillingly so have to keep that distant beastial bootycall at a even further distance cuz I don't give out my number, I'm spoken for. Walmart can't cut the butter and if I worked there I'd likely tell you to eat my lard. Walmart doesn't exist based solely on sales of low dollar ticket items. Some of you bastards are shopping there and you're only a bastard if Walmart's your daddy cuz we all know corporations aren't people, unless you are one of the martians who saw something big from outer space (i.e. Citizens United) and thought it was a singular being then donated a trillion dollars to support the likely survivors of the impending invasion. Wipe off the splooge and boycott that indecent exposing heffer. By the way Target is a bitch too. Just won't immediately inflict me with some type of S.T.D. Shop To Die, Soon To Doom, or some other great analogy that my low income self is too in-tellectual to sharpen.

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