Every angry, bitter, American socialist (pronounced: Democrat) has at one time or another bought into and/or spewed The Myth as Walmart is the punching bag for all they believe to be wrong with "greedy capitalists" who "exploit the workers." In fact, without American businesses and the jobs and wealth created we'd still be living in the 19th Century. If you own stock or corporate bonds or are invested in a mutual or retirement fund you likely own a piece of the American rock.
Live it up America … we are winning!
Myth Busted: Taxpayers Are Not Subsidizing Wal-Mart's Low Wages | Investor's Business Daily
...Sheppard goes on to write that "According to a 2014 report by Americans for Tax Fairness, Wal-Mart receives an estimated $6.2 billion in subsidies every year, primarily from the Federal Government." If Wal-Mart would only pay its workers more, the argument goes, taxpayers would save all this money.
USA Today's editors apparently didn't bother to look into that ATF report before publishing this piece, so we did. The ATF — a coalition of union and liberal advocacy groups — based its findings on a 2013 report written by Democrats on the House Education and the Workforce Committee. In other words, none of these sources is objective by any means.
House Democrats based their findings on data from one state — Wisconsin. They found that 3,216 Wal-Mart workers were enrolled in the state's Medicaid program.
Live it up America … we are winning!
Myth Busted: Taxpayers Are Not Subsidizing Wal-Mart's Low Wages | Investor's Business Daily
...Sheppard goes on to write that "According to a 2014 report by Americans for Tax Fairness, Wal-Mart receives an estimated $6.2 billion in subsidies every year, primarily from the Federal Government." If Wal-Mart would only pay its workers more, the argument goes, taxpayers would save all this money.
USA Today's editors apparently didn't bother to look into that ATF report before publishing this piece, so we did. The ATF — a coalition of union and liberal advocacy groups — based its findings on a 2013 report written by Democrats on the House Education and the Workforce Committee. In other words, none of these sources is objective by any means.
House Democrats based their findings on data from one state — Wisconsin. They found that 3,216 Wal-Mart workers were enrolled in the state's Medicaid program.
