World's Biggest Corporation is a Welfare Queen
Wal-Mart Has Received More Than $1 Billion in Economic Development Subsidies
A new report finds widespread corruption across state and local governments that funneled taxpayer money to Wal-Mart.
New Scandal Hits Wal-Mart
Wal-Mart, the world's largest retailer, has benefited from more than $1 billion in economic development subsidies from state and local governments across the United States, according to a new study by Good Jobs First, a Washington, DC-based research center.
The study is freely available at www.goodjobsfirst.org. For the executive summary, click here (PDF format).
"Wal-Mart presents itself as an entrepreneurial success story, yet it has made extensive use of tax breaks, free land, cash grants and other forms of public assistance," said Philip Mattera, research director of Good Jobs First and principal author of the study.
http://www.progress.org/2004/corpw37.htm
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