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    the future and development look bright..., 2005-01-25 14:08:22 | Main | Things that make you go hmm..., 2005-01-28 11:54:55

    10 worst stacks of paper, 2004:

    Wal-Mart's low wages and inadequate benefits not only hurt workers directly, but impose costs on taxpayers. The report estimated that one 200-person Wal-Mart store may result in a cost to federal taxpayers of $420,750 per year – about $2,103 per employee. These public costs include: $36,000 a year for free and reduced lunches for just 50 qualifying Wal-Mart families. $42,000 a year for Section 8 housing assistance, assuming 3 percent of the store employees qualify for such assistance, at $6,700 per family. $125,000 a year for federal tax credits and deductions for low-income families, assuming 50 employees are heads of household with a child and 50 are married with two children. $100,000 a year for the additional Title I [educational] expenses, assuming 50 Wal-Mart families qualify with an average of two children. $108,000 a year for the additional federal healthcare costs of moving into state children's health insurance programs (SCHIP), assuming 30 employees with an average of two children qualify.


:: posted by buermann @ 2005-01-27 11:06:47 CST | link





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