Economics @ ITT

California To Wal-Mart: No More Taxpayer Subsidized Profits For You

Posted in economics by ittecon on June 5, 2013

For years, Wal-Mart—and other large retail operators—have been piling up huge profits by controlling their labor costs through paying employees sub-poverty level wages. As a result, it has long been left to the taxpayer to provide healthcare and other subsidized benefits to the many Wal-Mart employees who are dependent on Medicaid, food stamp programs and subsidized housing in order to keep their families from going under.

via California To Wal-Mart: Enough! No More Taxpayer Subsidized Profits For You – Forbes.

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