UPDATE ON TAX INCENTIVES…

March 31st, 2009

At The Writing On The Wal we’re still following how Walmart has flipped the bird at Ohio’s taxpayers and walked away with $1.8 million in tax incentives. Al Norman at The Huffington Post had this to say this morning:

In 2004, the group Good Jobs First released a study, which found that Wal-Mart had benefited “from more than $1 billion in economic development subsidies from state and local governments across the United States.” The Washington, D.C.-based research group released its 65-page report, Shopping for Subsidies, profiling more than 240 cases in which the building of a Wal-Mart store was aided with corporate welfare.

For years, states and municipalities have pushed corporate welfare on Wal-Mart, in an attempt to lure the company to their jurisdiction. In many cases, these special tax deals were not necessary at all, and amounted to little more than a corporate subsidy that gave Wal-Mart another financial advantage over its smaller competitors. In the case of eyewear, Wal-Mart is both the manufacturer and the retailer. It even controls the medical personnel that recommend the products—its “doctor partners.” Wal-Mart says that any eyewear orders previously sent to the Columbus lab will now be redirected to one of its three other lab locations.

OK, it’s official, the buycott now includes eye glasses. If every single optical center in a Walmart doesn’t immediately become a ghost town then Ohioans should hang their heads in shame.

2 Responses to “UPDATE ON TAX INCENTIVES…”

  1. Terry says:

    For years after I boycotted Wal-Mart for everything else, I still bought eyeglasses there. They ground the lenses on site and had them ready in about an hour, all for a price that was $100 or more less than the competition. Well, no more. All my business is now going to Pearle.

  2. Jeff Hess says:

    Shalom Terry,

    Interestingly enough, the State of Ohio seems indifferent to this. The local rococo media are ignoring the story.

    B’shalom,

    Jeff

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