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A Walmart Tax?

| Friday February 18th, 2005 | 0 Comments

Montana regulators have concluded that additional welfare costs caused by poor wages at big-box retailers are costing the state enough money to justify a new tax.

The measure would impose a 1 percent tax on stores with more than $20 million in sales. It would rise to 1.5 percent for more than $30 million and 2 percent for sales of more than $40 million.
The tax would apply to 160 stores, accounting for about half the state’s total retail activity, and funnel about $20 million a year to state coffers, Toole said.

The plan sets an average wage per store, if the store meets this average, the tax would not apply.


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