Phil
Mattera: Wal-Mart Short-Changes Public Schools [AlterNet]
In an effort to
cut the property tax it pays to local governments--revenue that pays for public
education, police and fire protection and other vital services--Wal-Mart
routinely tries to belittle the value of its own facilities.
Study
accuses Wal-Mart of detrimental tax policy [Arkansas
Democrat-Gazette]
Wal-Mart Stores Inc. systematically and aggressively
challenges the property-tax assessments on its facilities and damages public
schools and other tax-supported services, according to a study released
Wednesday by a center that promotes itself as a source for labor unions and
other activist organizations.
Wal-Mart
contests local property taxes [Albany (N.Y.) Times-Union]
"Wal-Mart, a
company with $350 billion in annual revenues and $11 billion in profits, drains
vitally-needed funds from communities by regularly challenging the valuation put
on its properties by public officials," said Philip Mattera, Good Jobs First's
research director.
Carlos
Guerra: Think-tank's study critical of Wal-Mart's use of tax incentives [San
Antonio (Texas) Express-News]
Over the years, countless small-town
newspapers have heralded the opening of a new Wal-Mart in their community.
Finally, locals will enjoy the great prices and product mix of big cities, they
have reported. But in many ways, it has been a love-hate relationship.
Wal-Mart
works to lower its local tax bills [(Va.) Daily Press]
In Virginia,
Wal-Mart successfully challenged the city of Culpepper over its assessment of a
Supercenter in 2003. That generated $6,810 in savings for the company, and it
then launched another challenge that it lost in 2007, said the study from Good
Jobs First, a labor-affiliated watchdog group.
Wal-Mart: Ducking Taxes and Short-Changing Local Government
-
Wal-Mart Watch, Oct 11, 2007
Straight to the Source
