Catherine !ttGirlsPl2 joined in and replied with this 6 years ago, 4 minutes later, 24 minutes after the original post[^][v]#1,092,740
@1,092,734 (G)
I thought most billionaires agree to give away much of their wealth. Wasn’t there like an agreement that was signed?
Analyst II replied with this 6 years ago, 6 minutes later, 30 minutes after the original post[^][v]#1,092,741
@previous (Catherine !ttGirlsPl2)
Most? No way.
Several Yes. Many using Bill and Melinda Gates as their go to medium for disbursement.
Take the most wealthy Billionaire currently. Bezos just pledged $10 Billion for climate change.
Local Billionaire my former University Professor and later Founder of Qualcomm, is giving money away I am not at all in favor of and have helped to block one of his projects and WON!
Great person without his ear to the local population and continues to read a contract for a local park where the giver insisted that the park be free for all which includes parking and $$ Person refused to read a few paragraphs of the contract she signed with the city long ago.
Catherine !ttGirlsPl2 replied with this 6 years ago, 3 minutes later, 34 minutes after the original post[^][v]#1,092,743
@previous (Analyst II)
I heard it on an episode of Netflix’s Explained which dealt with billionaires.
They mentioned this agreement that had the various signatures but I cannot remember what the name of it was called.
Analyst II replied with this 6 years ago, 25 minutes later, 59 minutes after the original post[^][v]#1,092,746
@previous (Catherine !ttGirlsPl2)
So I asked Alexa about Bill and Melinda Gates foundation and then asked what other super rich guys or gals have joined
These 14 billionaires just promised to give away more than half of their money like Bill Gates and Warren Buffett
Published Wed, May 31 20172:28 PM EDTUpdated Wed, May 31 20176:12 PM EDT
Anonymous I joined in and replied with this 6 years ago, 15 minutes later, 1 hour after the original post[^][v]#1,092,747
Report: Walmart Workers Cost Taxpayers $6.2 Billion In Public Assistance
Walmart's low-wage workers cost U.S. taxpayers an estimated $6.2 billion in public assistance including food stamps, Medicaid and subsidized housing, according to a report published to coincide with Tax Day, April 15.
Americans for Tax Fairness, a coalition of 400 national and state-level progressive groups, made this estimate using data from a 2013 study by Democratic Staff of the U.S. Committee on Education and the Workforce.
"The study estimated the cost to Wisconsin’s taxpayers of Walmart’s low wages and benefits, which often force workers to rely on various public assistance programs," reads the report, available in full here.
"It found that a single Walmart Supercenter cost taxpayers between $904,542 and $1.75 million per year, or between $3,015 and $5,815 on average for each of 300 workers."
Americans for Tax Fairness then took the mid-point of that range ($4,415) and multiplied it by Walmart’s approximately 1.4 million workers to come up with an estimate of the overall taxpayers' bill for the Bentonville, Ark.-based big box giant's staffers.
The report provides a state-by-state breakdown of these figures, as well as some context on the other side of the coin: Walmart's huge share of the nationwide SNAP, or food stamp, market.
"Walmart told analysts last year that the company has captured 18 percent of the SNAP market," it reads. "Using that figure, we estimate that the company accounted for $13.5 billion out of $76 billion in food stamp sales in 2013."
Walmart spokesperson Randy Hargrove described this week's report as "inaccurate and misleading," referring to its use of extrapolated data and adding that public assistance program eligibility requirements vary from state to state.
"More than 99 percent of our associates earn above minimum wage," he said. "In fact, the average hourly wage for our associates, both full and part-time, is an average of $11.83 per hour."
He said the company had no internal figures to share on the number of workers receiving public assistance.
"The bottom line is Walmart provides associates with more opportunities for career growth and greater economic security for their families than other companies in America," he said. "Our full and part-time workers get bonuses for store performance, access to a 401K-retirement plan, education and health benefits."
Hargrove added that the number of Walmart employees receiving Medicaid is similar to the percentage for other large retailers -- and comparable to the national average.
He pointed to a 2005 report by economist Jason Furman, now a White House adviser, describing Walmart's Medicaid enrollment as "a reflection of [its] enormous size."
Other large retail chains have been the focus of similar reports in recent months. In October, two studies released to coincide showed that American fast food industry outsourced a combined $7 billion in annual labor costs to taxpayers. McDonald's MCD +0% alone accounted for $1.2 billion of that outlay.
Yum Brands came in at a distant number two, with its Pizza Hut, Taco Bell and KFC subsidiaries costing $648 million in benefits programs for workers each year.
Anonymous J replied with this 6 years ago, 6 minutes later, 2 hours after the original post[^][v]#1,092,758
@previous (Anon Z)
Walmarts starting wage is now $11 per hour.
Anonymous E replied with this 6 years ago, 12 minutes later, 2 hours after the original post[^][v]#1,092,760
Walmart’s starting wage was $9 until workers complete a training program. Then, they received $10.
So whooooopeee dooooo a full $1/hr
8 hour day and after tax's that raise is just enough to almost by a burger and fries and drink at MC'D's
In the mean time look at how much money Walmart made albeit they failed to meet stockholders (Owners) Expectations.
Investing.com - Walmart reported on Tuesday fourth quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Walmart announced earnings per share of $1.38 on revenue of $141.7B. Analysts polled by Investing.com anticipated EPS of $1.44 on revenue of $142.57B. That with comparison to EPS of $1.41 on revenue of $138.8B in the same period a year before. Walmart had reported EPS of $1.16 on revenue of $128B in the previous quarter. Analysts are expecting EPS of $1.16 and revenue of $127.49B in the upcoming quarter.
Walmart shares are down 0% from the beginning of the year , still down 5.97% from its 52 week high of $125.38 set on November 14, 2019. They are under-performing the S&P Global 100 which is up 4.14% year to date.
Got that? > on revenue of $142 Billion.
That is just one quarter of the year.
Anonymous K joined in and replied with this 6 years ago, 1 hour later, 3 hours after the original post[^][v]#1,092,767