Does Wal-Mart Really Need Our Tax Dollars?
The content that follows was originally published on the Institute for Local Self-Reliance website at http://www.ilsr.org/does-walmart-really-need-our-tax-dollars/Typical of shopping centers built decades ago, Alameda Square in Denver is a cheap, single-story strip of stores. It’s ugly and rundown. But that does not deter shoppers. Mostly Asian Americans, shoppers come from miles around to patronize more than a dozen Asian-owned businesses, including two grocery stores, two restaurants, a hair salon, a clothing shop, a jeweler and a bakery.
On a weekday afternoon, the parking lot buzzes with activity. Inside Pacific Ocean International Supermarket, the dingy exterior gives way to bright lights, shelves stocked with canned bamboo shoots and dried fish and aisles of shoppers.
Most of Alameda Square’s businesses are profitable. Together they generate about $125,000 a year in sales tax revenue. But if the city of Denver has its way, these small businesses will be evicted to make way for a Wal-Mart super-center. Continue reading