Nice fail. Answer my question Taft. How long did it take Walmart to produce 80 billion in after tax profits for the owners of the corporation?
Or just run like you usually do.
Really; this statement alone illustrates you haven't the slightest clue what you are talking about, or what point you are trying to make.
Where did you get your degree? Did you ever go to college?
The wealth of Walmart members is not based on after tax income they receive from the company. It comes from the stock ownership that accumulates and whose value is determined by the stock market based on financial performance. They pay taxes on any dividends received on these investments and pay a capital gains whenever they sell shares.
It is a paper value that can dissolve just as quickly as it appreciates. There is a risk associated with these stocks as well.
Wallmart has been one of the most successful retailers in the world. It got there by providing value to the consumers who voluntarily spend their money there based on that value perception. This company has revived many communities that were in decline. It employs hundreds of thousands of people and provides opportunity for career growth and training for those with little education and training. Wallmart also buys services and products from thousands of small and local businesses as well as employ Construction contractors who pay high wages for good jobs.
Wallmart has given back billions to local communities they serve and paid billions in Federal taxes, State and local taxes. The irrational Union thug war on Wallmart is parroted by morons like you who are clueless uneducated dullards that have no idea how the real world works and are economic ass clowns.
Government, whom clueless buffoons like you look to as arbiters of what is fair destroys jobs. Government cannot do anything without first taking money by force from those who earn it and create jobs.
As evidenced by this inexperienced inept buffoon of a President low information fools elected, an economy cannot grow or expand when burdened by massive Government stimulus spending, which does nothing more than accumulate debt, and class envy Marxist rhetoric impugning those who accumulate capital and risk it to create new companies.
Since Obama has taken office and when Democrats controlled the House and the Senate, they has spent us into trillion dollar deficits on leftist stimulus boondoggles and a massive takeover of our healthcare system based on lies and today, we have 1.3 million fewer participating in the labor force.
If you account for those who have been entering the labor force and unable to find work, the real unemployment rate exceeds 13%. These dire economic figures are not improving and honest economists only see continued malaise to the end of Obamas second term. Yet gullible low information fools fall for his Marxist rhetoric and gullibly believe that Republicans are the problem and not this buffoon of a President.
Bravo; you have removed all doubt that you are a clueless idiot.