A Walmart Tax?

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.

Nick Aster is a new media architect and the founder of TriplePundit.com

TriplePundit.com has grown to become one of the web's leading sources of news and ideas on how business can be used to make the world a better place.

Prior to TriplePundit Nick worked for Mother Jones magazine, successfully re-launching the magazine's online presence. He worked for TreeHugger.com, managing the technical side of the publication for 3 years and has also been an active consultant for individuals and companies entering the world of micro-publishing. He earned his stripes working for Gawker Media and Moreover Technologies in the early days of blogging.

Nick holds an MBA in sustainable management from the Presidio School of Management and graduated with a BA in History from Washington University in St. Louis.

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