2: Walmart 2 Flashcards
From … to …, Walmart made a total of:
2000 to 2014, Walmart made a total of $7.3 million campaign contributions.
In …, Walmart lobbied:
2014- Lobbied 37 incidences of specific taxation
The market value of:
An additional dollar spent on lobbying could be as high as $200.25
Walmart dodges around:
$1 billion in taxes annualy
Changes to a new corporate tax rate:
To 25% would allow Walmart to cut its tax bill by an average of $720 million a year.
Frank Clemente from Americans for Tax Fairness:
“When Walmart dodges billions in taxes, the rest of us are forced to pick up the tab”
Some small American towns:
Lose almost half their retail trade within ten years of a Walmart store opening
Prices in Walmart stores:
Were 17% higher where local competition had already been destroyed
Approximately … of Walmart employees:
Approx. 70% of Walmart employees leave after one year