Another Wal-Mart Scandal: Property Taxes
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Yes, Wal-Mart is the company I love to hate. Yes, even I said marvelous things about W-M in the aftermath of Katrina, and I respect that it has taken a leadership role on organic food and green energy–though not necessarily the way it’s going about those worthwhile endeavors (that’s a subject for another time). Back in August, 2005, I summed up some of my objections:
Of course, in the last few months, we’ve become painfuly aware that Wal-Mart and other companies’ reliance on foreign sweatshops may have health and safety consequences for Americans who end up with tainted toothpaste or whatever else China feels like slipping into its exports. Well, here’s a new Wal-Mart scandal. A group called Good Jobs First has just released a study showing that Wal-Mart systematically attempts to chisel down its property tax assessments. The efforts are based out of corporate headquarters, and have been charted to 36.3 percent of all locations. In other words, Wal-Mart has tried to get its taxes lowered by lowering its claimed property value in more than one in three of it locations. Total amount saved on taxes, even though the company loses more of these fights than it wins: $28.8 million. We sholldn’t be surprised. After all, this is the same company that has a very clear history of hiring part-timers and keeping them just under the benefit level, so the government essentially subsidizes the health insurance costs the company doesn’t have to pick up. I’d stop shopping there, except that I already don’t shop there. Remember this next time your kids’ elementary school (funded, in most communities, by property taxes) has to lay off teachers or cut programs. |


























Shel specializes in affordable, ethical, and effective marketing for authors, publishers, small businesses, nonprofits, and community groups. Copywriter, marketing and publishing consultant, speaker, and award-winning author of seven books. 





















