Please use this identifier to cite or link to this item:
http://arks.princeton.edu/ark:/88435/dsp019s161887r| Title: | Walmart on Tax Day: How Taxpayers Subsidize America's Biggest Employer and Richest Family |
| Keywords: | Tax evasion -- United States Corporations -- taxation Walton family Millionaires Tax breaks Taxpayer-funded corporate benefits Low-wage workers Public assistance Walmart Inc. Multinational corporations |
| Issue Date: | Apr-2014 |
| Publisher: | Americans for Tax Fairness |
| Place of Publication: | Washington, DC |
| Description: | "On tax day, when millions of American taxpayers and small businesses pay their fair share to support critical public services and the economy, they will also get stuck with a multi-billion dollar tax bill to cover the massive subsidies and tax breaks that benefit the country's largest employer and richest family": Walmart and the Walton family. Walmart's low-wage workers cost U.S. taxpayers an estimated $6.2 billion in public assistance including food stamps, Medicaid and subsidized housing, according to this report, published to coincide with Tax Day, April 15. Americans for Tax Fairness, a coalition of 400 national and state-level progressive groups, made this estimate using data from a 2013 study by Democratic Staff of the U.S. Committee on Education and the Workforce. "The study estimated the cost to Wisconsin’s taxpayers of Walmart’s low wages and benefits, which often force workers to rely on various public assistance programs." The report finds that a single Walmart Supercenter cost taxpayers between $904,542 and $1.75 million per year, or between $3,015 and $5,815 on average for each of 300 workers. |
| URI: | http://arks.princeton.edu/ark:/88435/dsp019s161887r |
| Related resource: | http://www.americansfortaxfairness.org/files/Walmart-on-Tax-Day-Americans-for-Tax-Fairness-1.pdf |
| Appears in Collections: | Monographic reports and papers (Publicly Accessible) |
Files in This Item:
| File | Description | Size | Format | |
|---|---|---|---|---|
| Walmart-on-Tax-Day-Americans-for-Tax-Fairness-1.pdf | 1.04 MB | Adobe PDF | View/Download |
Items in Dataspace are protected by copyright, with all rights reserved, unless otherwise indicated.