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Wal-Mart Stores Inc. Message Board

  • spldinggrey spldinggrey Feb 22, 2013 4:12 PM Flag

    Walmart costs taxpayers $1,557,000,000

    “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 children’s 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.”

    The total figure is based on the average $420,750 per-store figure, multiplied by 3700 (the approximate number of stores currently in the United States).
    Source: Rep. George Miller / Democratic Staff of the Committee on Education and the Workforce, “Everyday Low Wages: The Hidden Price We All Pay for Wal-Mart”

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