Latest Headlines
Wal-Mart To Lay Off 300 At Bentonville Headquarters -02.17.10 | Arkansas Business
Walmart, others make money on Oregon’s energy tax credits -02.17.10 | The Oregonian
Former Avon Wal-Mart employees claim discrimination -02.17.10 | Associated Press
Fact Sheets
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
Wal-Mart could see extra tax breaks in WV
Just catching up on more stories from the holiday season. This from West Virginia - a whole gaggle of new tax laws will be taking effect in the new year are designed to save businesses money and create jobs? Sounds like there must be a catch, right?
According to State Tax Commissioner Christopher Morris, both the business franchise tax and the corporate net income tax rates are being lowered under the changes. In addition, businesses can get tax credits for creating jobs that are full-time, pay at least $32,000 and offer health benefits. Companies are limited in the number of created jobs they can can receive tax credits for, but every little bit helps, right? C’mon Wal-Mart...we know West Virginia is now a combined reporting state, so you can’t pull your little tax shenanigans there anymore, so why not create a few new full-time jobs, throw in some benefits, and save a little money in the process?
W.Va. Businesses Expected to Save Money Under New Tax Laws [WSAZ NewsChannel 3]
CHARLESTON, W.Va. (AP) - A bundle of new tax laws will take
effect in West Virginia in the new year, including some designed to
save businesses money and create jobs.Some of the new rules bring West Virginia’s regulations closer
into line with federal timetables, while others are designed to
help keep the state’s business environment competitive.State Tax Commissioner Christopher Morris says the business
franchise tax and the corporate net income tax rates are both being
lowered under the changes.Businesses can also get tax credits for creating jobs that are
full-time, pay at least $32,000 and offer health benefits.The new law offers credits of $3,000 per job, up to 10 jobs for
small businesses and up to 20 for larger employers.
Posted by Corey Himrod on Monday, January 05, 2009
Click Here for a Printer-Friendly Version
SEARCH WAL-MART WATCH
Most Popular Tags
MAKE A DIFFERENCE
Top Posts
- A Walmart in Your Backyard
- Wal-Mart Exposed For “Outdated and Sexist” Hiring Practices
- John Perkins on Walmart’s Donation to Chile
- The Oakland Tribune on Our Week of Action
- Wake Up Walmart on Huffington Post
- WakeUpWalmart.com and Activists Demand Walmart Change its Sick Day Policy
- Shaw’s Grocery Chain Implodes in Connecticut
- More Walmart Workers on Medicaid, Unemployed
- Third Crib Recall in Four Months
Archive
Subscribe to this blog
Subscribe to the Wal-Mart Watch RSS Feed
View Wal-Mart Watch's videos on YouTube
Contact Us
Have a tip? Contact us.
COMMENTS
I’d be curious to know what West Virginia considers,legally,to be full time. That is,is there a legal STANDARD for how many hours per week constitutes full-time?WalMart considers 34 hours a week as full time,if I’m not mistaken. If some other company(retail or otherwise) considers 40 hours a week to be full time,seems there’s an inequity there about who’s really worthy of tax credits.
ddrb in
Tuesday, January 06 at 02:12 PM
ddrb,
“In addition, businesses can get tax credits for creating jobs that are full-time, pay at least $32,000 and offer health benefits.”
As the AVERAGE Wal-Mart full time employee, makes LESS than $32,000.00 a year, I don’t think any ‘new hire’ full time employee would qualify Wal-Mart for those tax credits!!
RDS in
Wednesday, January 07 at 12:13 AM
RDS: They’ll come up with something ,anything,except upping the “employees” wages. Maybe change the terminology for hourly employees to something else.But in the event employees unionize,you can believe there won’t be any doubt as to what constitutes full time employee as opposed to salaried associate.
ddrb in
Wednesday, January 07 at 12:22 PM
ddrb,
“But in the event employees unionize,you can believe there won’t be any doubt as to what constitutes full time employee as opposed to salaried associate.”
You are right, look at Canada, all those full time employees are now constituted as UNEMPLOYED associates!! And, in most unions, salaried people are EXEMPT from the union, so maybe Wal-Mart could make EVERYONE salaried, except part-timers, then they could have 80% part-timers, NO hourly and 20% salaried!!
If you allow the system to work, things work themselves out, but, if you keep messing with it, things get MESSED up and usually end up worse!! All one has to do, is look at the government, to see how that goes!!
RDS in
Wednesday, January 07 at 01:56 PM
Comment Policy
WalmartWatch.com reserves the right, in its sole discretion, to remove or refuse to post blog comments.