“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”
You are quite a liar given you've been around long enough to know there are several states which Aldi and other retailers have higher % of employees using public assistance than WMT. But hey, you've never been one to rely on facts for your decision making which explains the terrible circumstance you currenlty find yourself.
How can you possibly equate the mortgage deduction with WMT's use of our welfare and Medicaid systems. The mortgage dedustion was passed by congress to help with home ownership. Welfare and Medicaid was also passed with the idea of helping citizens who need help. The intention was clearly not to subsidize a highly profitable corporation labor costs.
Your statements reflect a level of ignorance which indicates you don't know what you are talking about. First, true Welfare payments are reduced by wages earned above a very nominal level. Hence the states seek WMT help and support in Welfare to Work programs which are self funding to the state in the long run.
Mortgage deduction is still a subsidy which actually helps banks charge higher rates offset by the deduction. Tell me how owners of $1,000,000 and $500,000 homes need help ? Why not rent instead of own ? Auto ownership is good for the economy, why did interest deduction on autos get taken away ?.....WMT is also following a law by the way and remember, WMT wages and benefits are better than most retailers.
Besides, WMT pays BILLIONS of dollars in state and federal taxes while many of the unionized grocers pay little or no taxes. Do you have any smear campaigns against unionized stores with employees using state or federal programs ? There are plenty of them, and don't forget in some states, Aldi has double the % of employees using public assistance programs than WMT.
But hey don't let your ignorance of the facts interfere with your miguided smear campaign.
Don't you cost taxpayers money via mortgage interest deduction ?
Don't you cost taxpayers money since you use highways, roads, or even public transportation ?
I don't think you cost taxpayers any school or education related funds because clearly you didn't attend a meaningful school.