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AttachmentG <br /> <br /> Stores near a new Wal-Mart are at increased risk of going out of <br />· <br />single Wal-Mart opened in Chicago in September 2006, 82 of the 3 <br />businessesin the surrounding neighborhood had gone out of business by Marc <br /> <br />10 <br />2008. <br /> <br /> The value of Wal-Mart to the economy will likely be less than the <br />· <br />jobs and businesses it replaces. A study estimating the future i <br />on the grocery industry in California found that, “the full econ <br />those lost wages and benefits throughout southern California cou <br />11 <br />billion per year.” <br /> <br /> <br />Chain stores, like Wal-Mart send most of their revenues out of t <br /> <br />· <br />while local businesses keep more consumer dollars in the local ec <br />every $100 spent in locally owned businesses, $68 stayed in the <br />while chain stores only left $43 to re-circulate locally. <br /> <br />2.Wal-Mart’s Costs to Taxpayers <br /> <br /> Wal-Mart has thousands of associates who qualify for Medicaid an <br />· <br />13 <br />publicly subsidized care, leaving taxpayers to foot the bill. For instance in Ohio <br />Wal-Mart has more associates and associate dependents on Medicaid <br />14 <br />other employer, costing taxpayers $44.8 million in 2009. <br /> <br /> According to estimates, Wal-Mart likely avoided paying $245 milli <br />· <br />2008 by paying rent to itself and then deducting that rent from <br />15 <br />income. <br /> <br />Page21of95 <br /> <br />