Posts Tagged ‘Walmart’

Posted: 2014/06/04 by Punkonomics (@dearbalak) in Links/Articles/Video
Tags: , , , , ,

Here’s another reason for the deep desdain I have for charity along with the fashionable BS bourgeois rhetoric of self-congratulation “Social Entrepreneurship”  “Socially Responsible Enterprises” etc. >:/

One-percenter (more like 0.001%) laughing all the way to the bank:



“Instead of contributing their own money, the Walton family relies on charitable lead annuity trusts (CLATs) to fund the foundation. The report suggests that the primary role of the foundation is not to give charitably, but rather to increase the family’s personal wealth through tax avoidance schemes. Using CLATs, a previous report released by Americans for Tax Fairness indicated the family successfully avoids an estimated $3 billion per year in estate taxes.”

Read the whole story:

Our former guest Tatiana Devia works on this and talked about it here.

Support Walmart workers from across Central Florida standing up for their right to speak out and improve working conditions at Walmart.


Time-iconSeptember 5 • 04:00 pm

Location-iconCentral Florida Jobs with Justice, 231 East Colonial Drive, Orlando, Florida

Phone-iconAngela Williamson – 409-365-9643 or Jazmine Salas – 407-791-1566

[to download right-click punkonomics2013-7-29.mp3 and select “Save link as…” ]

Patrick is involved with the Walmart workers’ attempts to fight for their basic rights and living wages.

Check out some info here:

(1) Central Florida Jobs with Justice (

(2) OUR-Walmart (

(3) Making Change at Walmart (

(4) Dream Defenders (