Walmart is a profitable corporation.
According to trickle-down economics, Walmart employees should be doing very well, but no: many of them get paid minimum wage and are on welfare.
Walmart sells products manufactured in places with weak labor laws, including prison and child labor and no American manufacturer can compete with that. On top of that, they evade taxes using tax havens.
All remittances sent to Mexico by legals + illegals are lower than the amount of money Walmart saves through tax evasion tricks.
By doing all these things, they maximize their profits and tribute fewer taxes. Once in a while, they lobby for a tax holiday so they can bring back that money to the US. They are also not alone, most large corporations are doing exactly the same.
On top of that, while the US is #1 in healthcare spending, most of that money does not result in people receiving healthcare. Most of that money stays in endless loops of self-reinforcing bureaucracy and the highly profitable pharmaceutical industry that sells 1 liter bags of "sodium chloride solutions" (saltwater) for as low as $500.
The US is also #1 in defense spending. But what does that defense spending gets you? development hells like the F-35 JSF, and million dollar rockets shot at random empty tents in the middle east. That's what is in the best interest of the military industrial complex.
I would say that corporations are the ones to blame rather than random guys picking fruit for nothing.
Walmart sells products manufactured in places with weak labor laws, including prison and child labor and no American manufacturer can compete with that. On top of that, they evade taxes using tax havens.
All remittances sent to Mexico by legals + illegals are lower than the amount of money Walmart saves through tax evasion tricks.
By doing all these things, they maximize their profits and tribute fewer taxes. Once in a while, they lobby for a tax holiday so they can bring back that money to the US. They are also not alone, most large corporations are doing exactly the same.
On top of that, while the US is #1 in healthcare spending, most of that money does not result in people receiving healthcare. Most of that money stays in endless loops of self-reinforcing bureaucracy and the highly profitable pharmaceutical industry that sells 1 liter bags of "sodium chloride solutions" (saltwater) for as low as $500.
The US is also #1 in defense spending. But what does that defense spending gets you? development hells like the F-35 JSF, and million dollar rockets shot at random empty tents in the middle east. That's what is in the best interest of the military industrial complex.
I would say that corporations are the ones to blame rather than random guys picking fruit for nothing.