Yes, WalMart profits from large subsidies from federal and state
governments, not including local municipalities granting tax breaks for new
construction. This is a growing trend in our near-fascist system, where
giving corporations and wealthy businessmen means to further increase their
wealth at the expense of a larger group is encouraged. But like many things
in the USA, the pendulum will swing back to the other side eventually. Then
another groups oxen are gored.
-----Original Message-----
From: Chuck Norcutt
Sent: Thursday, April 30, 2015 8:27 PM
To: Olympus Camera Discussion
Subject: Re: [OM] OT: WalMart
I suspect that this is what Mike is talking about.
<http://www.msnbc.com/msnbc/walmart-government-subsidies-study> Calling
"Americans for Tax Fairness" a "progressive" yet "non-partisan" group is
a severe contradiction in terms that one can encounter only on the likes
of MSNBC or The Huffington Post. See any non-partisan stuff here?
<http://www.americansfortaxfairness.org/> I thought not.
ps: I personally don't believe that businesses of any kind should pay
taxes. Only the owners who collect the profits. Of course, that will
never happen.
Chuck Norcutt
On 4/30/2015 7:57 PM, John Hudson wrote:
Does Uncle Sam subsidize Walmart or any other chain store outlet ?
jh
On 4/30/2015 11:49 AM, Mike Lazzari wrote:
Do you suppose they'll be selling American-made goods? ....
Who cares? They will try to meet the demand. The real question is
whether or not the business model of buy/sell cheap at any social cost
+ huge government subsidies like here in the US will work in China.
And/or what _is_ the business model for China.
Mike
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