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Originally Posted by Rochard
Yeah, that's not biased at all.
Here in my community Wal Mart replaced a business that had failed. It didn't take jobs, it created them. If the store uses $400k a year in public social services, but pays tens of millions in taxes I am okay with that. We don't have a full Wal Mart here, only a "neighborhood grocery store", but the city estimates it will pay $3mil in city taxes alone in it's first year. I would guess that was more than the old store it replaced made in a year.
What we need to do is close loopholes. How about a new law saying if you have ten or more employees - even part time - you must pay healtcare for them. Hawaii has a similar law. Then close the other loopholes that Wal Mart is using.
Again, I don't mean to be defending Wal Mart. Their business practices are horrible. I avoid Wal Mart at all costs. But it's companies like Wal Mart that strive to make people better.
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How does a walmart pay 10's of millions in taxes? I hope you aren't using sales tax for that figure. If so that means you think the food or merchandise wouldn't have been sold at all if walmart didn't show up? No one would have bought food or clothes or toys if a walmart wasn't there. I really doubt that.
The only actual net increase in your communities taxes would be a small amount of property taxes if any. The sales taxes are just collected by taking existing sales from other merchants.
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