Wal-Mart Captures More than $1 Billion in Subsidies
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/walmart-captures-more-1-billion-subsidies/A new study documents more than $1 billion in state and local development subsidies that have flowed to Wal-Mart, and that figure likely represents only the tip of the iceberg.
"Shopping for Subsidies: How Wal-Mart Uses Taxpayer Money to Finance Its Never-Ending Growth," produced by Good Jobs First, a Washington, D.C.-based research organization, identifies 244 Wal-Mart stores and distribution centers in 35 states that have received subsidies totaling just over $1 billion.