California To Wal-Mart: Enough! No More Taxpayer Subsidized Profits For You
Jun 4, 2013 03:04:14 #
Jun 4, 2013 07:15:51 #
Alright California! It's about time *someone* started recognizing how corporations like Wal*Mart are subsidizing their profits by leaving benefits for their employees up to the state.
I know liberals are the most vocal supporters for the existence of safety nets (which on it's own doesn't cost anything) but big business and "pro-business" politics are the biggest culprits for loading that safety net up with dependents (which is were the cost comes from). So if you want to get government to spend less... stop being a big-business apologist at the v****g booth.
I know liberals are the most vocal supporters for the existence of safety nets (which on it's own doesn't cost anything) but big business and "pro-business" politics are the biggest culprits for loading that safety net up with dependents (which is were the cost comes from). So if you want to get government to spend less... stop being a big-business apologist at the v****g booth.
Jun 5, 2013 17:44:45 #
OPP Newsletter wrote:
http://www.forbes.com/sites/rickungar/2013/06/03/california-to-wal-mart-enough-no-more-taxpayer-subsidized-profits-for-you/
It will more than likely be to Wal-Mart's advantage to pay the State of Calif. The reason is, they would pay out of say their expense account rather than the capital account, thereby it wouldn't effect their bottom line. It's the way companies play the game. Capital is investing in the company, while expense dollars are tax deductions.
Jun 5, 2013 18:01:24 #
For every action there is a reaction.
The reaction could be no full time employees. That will certainly benefit employees, right?
The reaction could be no full time employees. That will certainly benefit employees, right?
Jun 13, 2013 08:23:56 #
AuntiE wrote:
For every action there is a reaction.
The reaction could be no full time employees. That will certainly benefit employees, right?
The reaction could be no full time employees. That will certainly benefit employees, right?
Reaction? Aunti, that's the problem! This is what California is is saying... companies like Wal*Mart are intentionally staffing up with part-timers so they don't have to cover their benefits. The part timers are left with little choice but to depend on tax subsidized insurance. This is how they are in effect subsidizing their own profits.
The basic problem is that companies have an obligation to cut expenses wherever they can and if they can push expenses off to the government - then you can't expect them not to.
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