08-09-2013, 11:30 AM
|
|
|
Confirmed User
Join Date: Jan 2006
Posts: 6,218
|
http://thecontributor.com/economy/wh...nald%E2%80%99s
Quote:
Walmart employs about 2.1 million workers, two-thirds of them in the United States. Its 2012 revenue is three times that of Apple, and about 15 times that of McDonald's. The company claims its average full-time wage is $12.78 per hour. That's just under $26,000 per year. (IBISWorld says Walmart pays associates $8.81 per hour.)
Based solely on its U.S. business, Walmart makes over $13,000 in pre-tax profits per employee (after paying them), which comes to more than 50 percent of the earnings of a 40-hour-per-week wage earner.
A little-known fact about Walmart that impacts most of us: A study in Wisconsin by the U.S. House Committee on Education and the Workforce determined that a typical Walmart store costs taxpayers over $1.7 million per year, or about $5,815 per employee.
Not mad enough yet? Four members of the Walmart family made a combined $20 billion from their investments last year. Less than half of that would have given every U.S. Walmart worker a $3 an hour raise, enough to end the public subsidy.
|
Again, by paying them less, they double their profits at the taxpayers expense.
__________________
Sup
|
|
|