Tag: taxes

Walmart Avoids Paying $1 Billion in Taxes Every Year

November 20, 2014

Walmart, America’s largest corporation, dodges an average of $1 billion in U.S. taxes every year through loopholes and is scheming to avoid billions more, according to a new report published today by Americans for Tax Fairness. The profitable mega retailer is well-known for its aggressive efforts to cut costs and maximize… Read More»

Tags: , , , , , , , , , , , , , , , , ,

More private corporations almost entirely dependent on taxpayers

October 10, 2014

An unreleased analysis by the Department of Education, recently revealed by Center for Investigative Reporting, shows as many as 133 for-profit colleges rely almost completely on taxpayers for revenue. “They range from small proprietary trade schools like Trendsetters of Florida School of Beauty & Barbering in Jacksonville to for-profit giants… Read More»

Tags: , , , , , , , , , , ,

Walmart’s Food Stamp Scam Explained in One Easy Chart

June 25, 2014

Walmart, the nation’s most profitable corporation, may also be the greatest beneficiary of the taxpayer-funded Supplemental Nutrition Assistance Program (SNAP), commonly referred to as food stamps. But how has Walmart managed to make so much money off of taxpayers? For the short answer, take a look at the chart below… Read More»

Tags: , , , , , , , ,

This is one loophole that needs to be closed

June 4, 2014

“Let’s be clear on what’s happening here. Even though the company can easily afford it, Walmart refuses to pay its workers decent wages. So it relies on taxpayers to make up the difference by funding government assistance programs for its employees. The company and its controlling family then avoid paying… Read More»

Tags: , , , , , , , , ,

Walmart Pays Less in Taxes by Paying Executives More

Walmart, the world’s wealthiest corporation, has avoided an estimated $104 million in U.S. taxes by granting extravagant “performance pay” bonuses to top executives, according to a new report by Americans for Tax Fairness and the Institute for Policy Studies. The company utilizes a loophole that allows companies such as Walmart… Read More»

Tags: , , , , , , , , , , , ,

America’s Wealthiest Family Uses Phony Philanthropy to Increase Personal Wealth

June 3, 2014

America’s richest family contributes almost none of their personal wealth to the family’s charity, according to a new report by the Walmart 1 Percent. The Waltons are the wealthiest family in the United States and control a majority of shares in Walmart. Six members of the family are among the 85 wealthiest individuals… Read More»

Tags: , , , , , , , , ,