--2 Socialist Redistribution In Wally World
         
July 27, 2016

Socialist Redistribution In Wally World

May 15, 2009, 12:00 am
By Corey Pein
The New Mexico Business Weekly republished a Wal-Mart press release this afternoon:
The Walmart Foundation is giving $75,000 in academic scholarships to 25 college-bound students in New Mexico.
Each student will receive a $3,000 Sam Walton Community Scholarship for the 2009-10 academic year.
The funds are a slice of $8 million that the Walmart Foundation is giving nationally to students for college.

Those scholarships should make everyone feel better about the $11.6 million in state corporate income taxes the company tried to dodge by setting up bogus shell companies and paying itself rent.
Thanks, Wal-Mart, for kicking in 0.00056 percent of your annual profit toward the cause of higher education for New Mexico's young men and women. At that rate, we'll restore some balance to this economy by the time their great-great-grandchildren get out of debtors' prison.

 

comments powered by Disqus
 

Morning Word: Lawmakers Tell Governor to Consider Tax Hike

Morning Word More lawmakers, including some Republicans, are asking Gov. Susana Martinez to call a special session to deal with a $650 million revenue shortfall. ... More

July 26, 2016 by Peter St. Cyr

Newsletters

* indicates required
Choose your newsletter(s):

@SFReporter on Instagram

 

 
Close
Close
Close