The High Cost of Low Prices
- State and local governments have awarded $1 billion in subsidies to Wal-Mart-money that could have been used to fund our struggling public education system or other public services. (Source: NEA.org)
- Taxpayers are forced to contribute billions to health care and public assistance funds every year to cover Wal-Mart employees who are not eligible for the company's insurance plan. California alone spends $86 million each year. (Source: UC Berkeley Study)
- The Walton Family Foundation has donated more than $100 million to private organizations that buy political influence and undermine public education support. (Source: MediaTransparency.org)
Our public education system desperately needs more funding. If Wal-Mart ceased stealing from our public coffers and quit donating money to dismantle public schools, perhaps that funding would be available.
What a 200 Employee Wal-Mart Store Costs You
| Item | Cost to Taxpayers |
|---|---|
| Low Income Tax Credits/Deductions | $125,000 |
| Child Health Programs (Federal Share) | $108,000 |
| Title 1 | $100,000 |
| Housing Assistance | $42,000 |
| Free/Reduced School Lunches | $36,000 |
| Low Income Energy Assistance | $9,750 |
| Annual Total | $420,750 |
|---|
According to a recent Congressional report, every 200 employee Wal-Mart store in the U.S. costs federal taxpayers a whopping $420,750 a year. This does not include the government subsidies given to Wal-Mart or the amount contributed by local/state taxpayers. Wouldn't it be nice if this money could be used to sponsor one school rather than one Wal-Mart store?
Always Lies. Always.
The Wal-Mart Corporation often brags about the philanthropy efforts of its founding family, the Waltons, but the bulk of the money donated to education goes to efforts that support vouchers, charter schools, and tuition tax credits. According to USA Today, Wal-Mart donated more than $250 million to such causes in six years time.
In fact, the National Education Association (NEA) charges that the late John Walton provided tens of millions of dollars towards the anti-public education movement and sat on the boards of several major pro-voucher organizations.
Don't let Wal-Mart's advertising fool you. This company is stealing tax dollars from the public education system, and their 'donations' hurt more than they help.
The National Education Association recently joined the national 'Wake-Up Wal-Mart' campaign in an effort to educate the public about the effects of Wal-Mart on our public school system. If you're interested in joining the campaign, you can learn about it by visiting NEA.org or wakeupwalmart.com.