Thread by @BeautyBind

Starvation wages are real; I started my day reading this lie.

👉🏼”Walmart is not being subsidized because their staff gets Welfare whether they work or not” 👈🏻

That is not how minimum wage is supposed to work & it is only one of many subsidies.

cnbc.com/2020/11/19/wal…
1

Corporate America blames the employee for poverty wages.

“They would be on Welfare anyway.”

Lobbying has kept the minimum wage artificially low, so let’s take a look at the truth about workers & wages & who has their hands out.
2

cnn.com/2019/06/14/eco…

A $15 an hour minimum wage is not a handout; childcare subsidies are not a handout. They are an effort to bring equity in an atmosphere of hostility directed at the worker.

It’s far less than it should be if it were adjusted for all the years Congress failed to act.

3

Legislatively hamstringing unions have prevented fair negotiations.

Collective bargaining gets much closer to the actual value of an employee to the business.

In Denmark, a McDonald’s employee makes $20 per hour compared to $10 an hour in America.

#Unions
4

And in most of our ally countries, healthcare is free or close to free.

If healthcare were included, a low-ball estimate says it would add $4.52 an hour to wages in value.

Now we’re hovering at $25 per hour for most essential workers.

In many areas, an actual living wage.

5

Now that we’ve set the stage for the dangerous situation the American worker is in and due to Dark Money has very little to stand against . . .

Let’s look at the bargaining power and handouts used by Walmart & other corps.

6

Walmart does not pay a living wage, nor does it pay most of its employee’s health insurance.

But lucky Walmart:

1. Walmart employees are the most highly subsidized employees in the U.S.

-Healthcare
-Food stamps
-Community programs

#Handout

7

Walmart’s entrance to a community’s business market often closes local businesses who paid better & treated employees with dignity:

Butchers
Florists
Grocers
S & L
Apparel stores
Electronic retailers
Opticians
Bakeries

8

When doing business with a local company, 1 out of 4 dollars continues to circulate in the community.

But with taxpayer dollars, Walmart and cheap foreign goods have removed the competition and have a plan to avoid paying local taxes.

Keep scrolling.

9

2. Some benefits Walmart negotiates from municipalities that use local tax dollars:

-free infrastructure
-free land
-sales tax abatements
-community grants
-job training grants
-property tax abatements
-tax credits

10

There is an assumption Walmart employees don’t pay taxes themselves. Still, the average Walmart employee does pay income tax (the poor pay taxes) & those tax dollars often turn into the above subsidies for their employer.

Double dipping.

11

EVERYBODY PAYS FOR WALMART’S PROFIT, not such a low price after all when you consider the loss of locally owned businesses to the community and tax dollars drawn out of the “community” chest by a multinational, profitable corporation.

12

But wait, there is more.

Walmart routinely appeals their taxes.

Communities are not in the position to administratively outgun Walmart’s accountants economically or administratively.

So Walmart wins another handout.

#Incalculable

13
wgme.com/news/local/wal…

Just Google, “Walmart appeals taxes.” Really, do it.

14

Companies used to take pride in paying people what they were worth, but the sleight of hand today is “people are worth what we decide to pay.”

They portray employees as lazy, unmotivated, and unskilled.

And the legislature lets corporations get yet another undeserved break.
15

I want an honest answer, how long are we going to allow judges, corporations, and politicians to gaslight this country about the murder of the American dream?

16

Broken Link from above tweet.

cnbc.com/2020/11/19/wal…