Ever wonder why you pay so much in taxes? One big reason is because multi-billion dollar corporations (such as Wal-Mart) dodge paying the taxes they owe. In fact, according to new research by Citizens for Tax Justice, Wal-Mart avoided paying $2.3 billion in state income taxes, between 1999 and 2005.
It's outrageous that Wal-Mart, the #1 Fortune 500 company and with $11.3 billion in profits is not only dodging its taxes, but also shifting billions of its health care costs onto taxpayers. Our tax dollars should be helping to fund better schools, more police on the streets, and better health care, not subsidize Wal-Mart's irresponsible behavior. Take a closer look at the numbers here.
Things you can do:
- Print out a flyer to help educate more people.
- Send an email to your state legislator to help clost the tax loop holes allowing Wal Mart to do this.