Are_grits_groceries
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Tue Dec-22-09 04:27 PM
Original message |
How Walmart games the system to avoid paying taxes: |
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http://walmartwatch.comAin't that some shit! Always a rigged game for the big man.
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KansDem
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Tue Dec-22-09 04:40 PM
Response to Original message |
1. Walmart HQs are located in Bentonville, Arkansas |
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...but the WalMart Property Co. is located in Delaware to avoid paying state taxes?
So that's how the game is played!
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gmoney
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Tue Dec-22-09 04:46 PM
Response to Reply #1 |
2. yeah, lots of companies are "incorporated" in Delaware to avoid taxes. |
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Sort of like having a Cayman Island PO Box headquarters. Doesn't matter where you operate so much as where you're legally situated.
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unblock
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Tue Dec-22-09 05:22 PM
Response to Reply #2 |
3. "lots"? try OVER 50% of all publicly-traded corporations in america are incorporated in delaware! |
gmoney
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Tue Dec-22-09 09:13 PM
Response to Reply #3 |
6. sounds like "lots" to me... |
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excuse the understatement
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goldcanyonaz
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Tue Dec-22-09 05:34 PM
Response to Original message |
4. Walmart is the only department type of store within 80 miles (one way) from our home. |
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We live in a rural mining town and we shop there. Our Walmart is a basic one, not a super center.
I know, I'm an evil doer supporting the 'big man' but we both have full time jobs and going to the big city isn't an option.
Be gentle.
:scared:
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Brickbat
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Tue Dec-22-09 05:35 PM
Response to Original message |
5. Not counting, of course, the tax incentives and breaks they get from communities that are for some |
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reason terribly eager to have Wal-Mart poop on them.
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donheld
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Wed Dec-23-09 12:05 AM
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Thu Apr 25th 2024, 04:53 AM
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