Wal-Mart received $1 billion in largesse


Jun 3, 2003
Wal-Mart received $1 billion in largesse
Elizabethton Star |
"Wal-Mart stores have enjoyed more than $1 billion in economic development subsidies from state and local governments across the United States, according to a new study released by a Washington, D.C.-based research group. Good Jobs First, a research group monitoring state and local job subsidies, found 244 cases in which Wal-Mart retail stores or the distribution centers that service them have received state or local economic development subsidies... In addition to documenting subsidies actually awarded to Wal-Mart projects, the study describes those situations in which local citizen groups successfully opposed plans for public assistance to the company. 'The fact that Wal-Mart often proceeded with such projects without subsidies suggests that the company did not seek the assistance out of financial need.'"

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