November 24, 2014

Seven Candidates for Corporate Rip-Off of the Year

Seven Candidates for Corporate Rip-Off of the Year

"2. Paying Their Employees With Our Tax Money

Walmart made $19 billion in U.S. profits last year, and the four Walton siblings together made about $29 billion from their personal investments. That's about $33,000 per U.S. employee in profits and family stock gains. Yet they pay their 1.4 million American employees so little that the average Walmart worker depends on about $4,000 per year in taxpayer assistance, for food stamps and other safety net programs."