Re: WALMART COST TAXPAYERS, GOV. REPORT
I find it ironic that the ways WalMart costs taxpayers are because of programs the Democrats love. Perhaps if the governement would eliminate these programs and reduce taxes, Wal Mart might be able to raise their wages.<br /><br />In conclusion, this report is pure rubbish.<br /><br />Read an excerpt of the document<br />***********************************<br /><br />The Democratic Staff of the Committee on Education and the Workforce estimates that one 200-person Wal-Mart store may result in a cost to federal taxpayers of $420,750 per year about $2,103 per employee. Specifically, the low wages result in the following additional public costs being passed along to taxpayers: $36,000 a year for free and reduced lunches for just 50 qualifying Wal-Mart families. $42,000 a year for Section 8 housing assistance, assuming 3 percent of the store employees qualify for such assistance, at $6,700 per family. $125,000 a year for federal tax credits and deductions for low-income families, assuming 50 employees are heads of household with a child and 50 are married with two children. $100,000 a year for the additional Title I expenses, assuming 50 Wal-Mart families qualify with an average of 2 children. $108,000 a year for the additional federal health care costs of moving into state childrens health insurance programs (S-CHIP), assuming 30 employees with an average of two children qualify. $9,750 a year for the additional costs for low income energy assistance.
