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The Employee Free Choice Act Legislation that will truly make a difference for Wal-Mart workers

Wage & Hour Issues Read how Wal-Mart continually fails to pay every worker for every hour worked

Health Care Wal-Mart's still insures barely over half its employees on the company plan

Always Low Wages Poverty-level wages make life extremely difficult for Wal-Mart's 1.4 million workers

The Environment How Wal-Mart's business model is detrimental for our planet

Site Fight Of The Week: Charlotte, NC

The Faison & Associates Developers not only think that eight Wal-Marts isn’t enough for Charlotte, it thinks that city taxpayers should subsidize the city’s ninth Wal-Mart with a $500,000 handout.

The Charlotte Business Journal tells us how the developers are planning to bring in $25 million in private investment money, but somehow can’t possibly come up with the last half million without a grant from the city to clean up the construction site and pay for a road to their store.

Wal-Mart’s dependence on corporate welfare is nothing new. This is yet another example of Wal-Mart and its developers dangling sales tax revenues and economic “growth” in front of city officials and demanding handouts in return. 

In 2004, Good Jobs First published a report entitled “Shopping for Subsidies” which estimates that Wal-Mart had then benefited “from more than $1 billion in economic development subsidies from state and local governments across the United States.” The number has surely gone up since then.

And that’s not all. On top of taking government handouts, Wal-Mart has continually done all it can to avoid paying its fair share of taxes- whether it’s continually challenging its property tax assessments, setting up complicated REITS schemes, or setting up sham offices overseas.

And North Carolinians know Wal-Mart’s tax avoidance strategies all too well. It was only 3 years ago that the state declared Wal-Mart’s REITS scheme illegal and ordered the company to pay $33 million in back taxes.

TAKE ACTION NOW!

Write a letter to the Mayor and City Council of Charlotte and strongly urge that they say NO to Wal-Mart and Faison Developers, and insist that if a Wal-Mart must be built, it must be done without taxpayer money. 

Posted by Eric Bull on Friday, September 05, 2008

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COMMENTS

It’s high time Wal-Mart started paying ALL THEIR OWN BILLS!! If they want to put up another store--let them pay for it. Politicians can be so gullible. All Wal-Mart has to do is dangle a carrot in front of them and many fall for it.
Wal-Mart claims they would be paying loads in taxes, adding a few hundred jobs, etc. But what they DON’T TELL YOU is that Wal-Mart will PROBABLY EMPTY the business district. In addition for every job Wal-Mart creates in the area 2 ARE LOST! And they also don’t tell you that they are going to question the assesment of their property, etc etc. Anything to get out of PAYING LESS TAXES.
We have enough Wal-Mart’s in the world. Rather than continue building more stores--ISN’T IT ABOUT TIME THEY BEGAN CLEANING UP THEIR REPUTATION?!!!

Jane in N.Y. in
Saturday, September 06 at 11:28 AM

We already have EIGHT Wal-Marts in Charlotte, including one not all that far from the site of the proposed new one.  The LAST thing we need is to give away half a mill for a ninth store.

There are plenty of local needs that money could go for.  Mayor McCrory is infamous for giving things away to developers in this town, though.  I’m voting for Bev Perdue as Lt Gov against him, but it would almost be worth it for him to win, just to get him out of town!

Mary in Charlotte, NC
Saturday, September 06 at 04:27 PM

how about your favorite stores including high cost ones you love like costco pay their bills too jane?oh mary its funny you dont bitch about the higher level of ufcw union grocery stores.good i want more walmarts because sorry we cant afford unlike you to shop at costco and ufcw union grocery stores regularly

MATT IN in gresham,oregon
Sunday, September 07 at 03:06 AM

jane only fools like you continue to buy all the govt and ufcw union bullcrap fed to you on this site

MATT IN in gresham,oregon
Sunday, September 07 at 03:07 AM

jane where is your same argument about the other low cost grocery stores and retailers similar prices to walmart killing the economy and putting everyopne out of business?maam wm has no control over what others charge so tell me how does wm put these other places out of business when they cant control what their competetors including mom and pops charge?jane wm dont put anyone out of busines maam.its the others lazy arrogant refusal to lower prices.yet you are too stupid and dumb to realize that.why is everyone else jane including all your favorite stores allowed to be competetive but not wm?

MATT IN in gresham,oregon
Sunday, September 07 at 03:12 AM

janwe how does wm cost other places jobs?explain that to me.thats all govt and ufcw union horse crap

MATT IN in gresham,oregon
Sunday, September 07 at 03:13 AM

...for every job Wal-Mart creates in the area 2 ARE LOST!

Let me tweak that for you, Jane. I wouldn’t want anyone to think the anti Wal-Mart side was putting out false information.

A study conducted by the Congressional Research Service showed that for every two jobs created by a Wal-Mart store, the community loses three. Jobs that are retained by a community are merely shifted from local businesses to the giant retailer. In their report, the CRS warned Congress that communities need to evaluate the significance of any job gains at big-box stores against any loss of jobs due to reduced business at competing retailers. The report also pointed out that these so-called new jobs “provide significantly lower wages then jobs in many industries, and are often only part-time positions, seasonal opportunities, or subject to extensive turnover.”

That’s ‘better’!  :o)

“There is no perceived risk in attacking Wal-Mart anymore. They have gone from being a business success story to being a cultural villain.” ~ Eric Dezenhall

Ken V in Texas
Sunday, September 07 at 07:18 PM

more bullcrap ken from you.wm dont cost anyone jobs ken.how does wm cost jobs in the area when they have no control over what other comapnies in the area pay their workers?can any of you wm haters like ken honestly answer that?

MATT IN in gresham,oregon
Monday, September 08 at 06:50 AM

Thinking Matt used to be or is a Wal-Mart Coporate WEENIE!
These threads make great reading in Bentonville!!!

Wally World in Wisconsin
Monday, September 08 at 11:42 AM

Wally: You mean these threads aren’t forbidden ,like the weekly handouts or the ads from competitors being pulled out of public newspapers?

ddrb in
Tuesday, September 09 at 11:35 AM

Jane: Pay less taxes? Are you familiar with the MOTHER of all tax breaks for WalMart? The original newspaper article on this story was a superb ,investigative piece of journalsim by Jay Root of the Fort Worth Star Telegram on July 11,’04. It is available in Fort Worth Star Telegram archives. Sprawl-Busters did an abbreviated version on their site. Here it is:~~~~~~~~2004-07-15
Baytown, TX. Wal-Mart Gets Huge Tax Deal to Rent Distribution Center

Several weeks ago, Good Jobs First released a report on the myriad of ways that Wal-Mart has filled its beggar’s cup with corporate welfare, underwritten by local and state taxpayers, to help build distribution centers. Tax breaks of every size and shape--Wal-Mart feeds its empire from warehouses built with public money. This week, the Associated Press reports that Wal-Mart has taken advantage of something benignly called the “Permanent School Fund” to write down the cost of building a distribution center in Baytown, Texas. In this deal, the Permanent School Fund purchases the land for $80 million, and a distribution facility from the Wal-Mart Real Estate Business Trust for $2 million, and then Wal-Mart leases the facility for 30 to 40 years, and their rent payments replenish the fund. Neither the land nor building, which are owned by the Fund, can be taxed by any authority in Texas, such as city, county or school districts, because the Fund is a non-profit entity. Wal-Mart doesn’t have any performance goals it has to meet for investments or creating new jobs. The retailer just gets a very desirable rent. According to the AP, the Permanent School Fund was established in 1854 with a $2 million grant from the Texas Legislature. It has grown to $18.8 billion and in recent years has contributed $700 million to $800 million a year to public education. The fund invested almost exclusively in stocks and bonds until a legislative change in 2001 allowed it to explore other ways to make money, including real estate, oil and gas. Wal-Mart will pay rent of roughly $4.8 million a year for the first five years. Every five years, the payments will increase at a fixed rate of 10.4 percent. One Republican state senator was quoted as saying, “I’m concerned about all the wheeling and dealing that’s going on over here, so I do want to look at it. The obvious question is, do we want to be taking local property-tax revenue from local taxing entities so we can enhance the Permanent School Fund?” The School Land Board, which oversees the Permanent School Fund, said the state will get about $180 million in rent over the life of the lease. After that, Wal-Mart must buy back the building for what the state paid, or market value, whichever is higher. But critics wonder why Texas government is making any deal with a company that has more dead stores in Texas than in any other state in the country? ~~~~~~~~~~~~~~~~NOTE: The ORIGINAL Jay Root article is far more in depth, including that ANOTHER of Rick Perr’ys deals involved the Carlylke Group. Incidentally, in ‘04, Tom Delay was the “Hammer” for Houston and Baytown,Texas interests.

ddrb in
Tuesday, September 09 at 04:15 PM

Correction: That should read .....Governor Rick Perry’s deals involved the Carlyle Group.

ddrb in
Tuesday, September 09 at 04:17 PM

In Texas we are fond of saying everything here is bigger and that includes our politicians. When it comes to being the biggest political a$$holes ther is no doubt.

Texas Republican Rouge’s Gallery
1. George W. Bush

2. Tom Delay

3. Phil Gramm

4. Rick “Good Hair” Perry

What’s good for Wal-Mart is BAD for America!

Ken V in Texas
Wednesday, September 17 at 01:09 PM

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Otis Foreman in Gustavo Daniel
Thursday, September 18 at 01:06 PM

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