Report: Wal-Mart's Growth Fueled By Taxpayer Dollars

A study details how retail giant Wal-Mart uses taxpayer dollars to fuel its growth.

1 minute read

June 14, 2004, 10:00 AM PDT

By Abhijeet Chavan @http://twitter.com/legalaidtech

"In this extensively researched study, we show that the giant retailer has received more than $1 billion in economic development subsidies from state and local governments across the country. Taxpayers have helped finance not only Wal-Mart stores, but also the companys huge network of distribution centers, more than 90% of which have gotten subsidies. The report also includes policy proposals, including a prohibition on subsidies to big-box retailers except in distressed areas that are underserved by retail outlets (and in those cases the recipient of the subsidy should be required to pay a living wage.)"

Also see: Rress Release [PDF] and Executive Summary [PDF].

Thanks to Abhijeet Chavan

Read the full story: Shopping for Subsidies: How Wal-Mart Uses Taxpayer Money to Finance [PDF, 65 pages, 478 KB]

Sunday, June 13, 2004 in Good Jobs First

Community / Economic Development United States

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