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At $8.81/hour, an employee who works Walmart's definition of full-time (34 hours per week) makes just $15,500 per year. The websites Glassdoor and Pay Scale also indicate hourly wages below $10/hour. The company will frequently cite higher numbers by lumping managers in with its averages and excluding part-time and temporary workers.Due to very low salaries, employees depend on public assistance for survival.
Because of Walmart's low pay, hundreds of thousands of Walmart workers are forced to utilize state subsidized benefits, including food stamps and public housing. Multiple reports have examined this issue:In short, Walmart is subsidized by US tax payers, while the $500 billion dollars company enriches this wealthiest American family.
- An April 2014 study by Americans for Tax Fairness estimated that subsidies and tax breaks for Walmart and the Walton family cost taxpayers $7.8 billion per year, including approximately $6.2 billion in assistance to Walmart workers due to low wages and benefits.
- An April 2014 Marketplace series found that Walmart is the largest beneficiary of dollars from the Supplemental Nutrition Assistance Program, also known as food stamps. The company receives roughly 18 percent of all food stamp dollars, more than $13 billion in revenue.
- A study by Good Jobs First found that, in many states, Walmart tops the lists of employers whose workers are most reliant on government assistance.
- A May 2013 Congressional report calculated that Walmart workers are forced to rely on $900,000 in taxpayer support, including food stamps and healthcare, at just one of the company's 4,000 U.S. stores.
An April 2014 study by Americans for Tax Fairness estimated that subsidies and tax breaks for Walmart and the Walton family that owns the operation cost U.S. taxpayers $7.8 billion per year, including approximately $6.2 billion in assistance to Walmart workers due to low wages and benefits.Walmart destroyed local businesses and communities wherever it opened its stores. This made people desperate to take up jobs that don't meet their basic needs. This is modern equivalent of slavery.
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Walmart spent $2.4 billion in advertising in 2014, much of it specifically to trumpet its role as an employer, its commitment to hire military veterans, and its new US manufacturing initiative.
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The Walton family is the wealthiest family in America and is worth more than $149 billion. The Economic Policy Institute found that the Waltons' wealth is now equivalent to 79% of African-American families combined.
Lots of people employed by a company that won't give them a quality of life wage and sells cheap shit that falls apart so you have to constantly buy it again. then you have the next, all employed by a over priced healthcare system that is shit. Then you have the government backed school system with insane tuition costs doing the rest...
Yep, nothing to see here, country is JUST FINE.