An Exceedingly Rotten Article

There's good journalism. There's bad journalism....And then there's gutter journalism. A perfect example of the latter is an article that recently appeared in the "Huffington Post". A "reporter" there took the testimony of ONE anonymous and obviously disgruntled employee of Walmart and proceeded to do a hit-job on the giant retailer. According to this employee, Walmart has track record of donating rotten produce to food banks and then writing it off on their income tax. It's absurd, folks...................................................................................................First of all, the response to the article by people who, you know, ACTUALLY MANAGE AND WORK AT FOOD BANKS says that the charges here are total bullshit. Walmart, according to these folks, always presents their donated items professionally and none of these folks have ever had a problem with the quality. Secondly, food banks just flat-out don't accept bad food. If they cannot use the food, they will not take it....And as far as this tax write-off goes (Walmart will supposedly get a 300-something million dollar credit for their 1.75 billion dollar overall food donation), does the writer think that Walmart SHOULDN'T take the deduction? I mean, come on, it's not like Walmart attorneys wrote the frigging tax code here........................................................................................................Look, folks, I'm not saying that Walmart is perfect. They clearly aren't (they should, for example, be providing their employees better health insurance plans). But for the "Huffington Post" to run an article such as this is decidedly dirty pool. Hopefully some of the more honorable progressives will call them out on it.

Comments

  1. Will, you got a link to the Huffington Post article?

    ReplyDelete
  2. Large corporations get away with writing off wasted product in all sorts of ways all the time. While I doubt the Walmart story mentioned is entirely accurate (food banks could throw away the food and Walmart could still get the tax benefits), it is emblematic of the wasteful loopholes in the corporate tax code.

    We should raise the top marginal federal income tax rate, and stop giving incentives to corporations for acting poorly. We wouldn't need to tax corportaions at all if we just did that. It's fair and right.

    JMJ

    ReplyDelete
  3. Donald in Bethel, CT says:

    Will, I gotta ask the same question TAO asked: You got a link? I checked the HP website and searched for "Walmart" articles and found nothing that matched up with what you said.

    I'd genuinely enjoy reading it if you have it.

    ReplyDelete
  4. >We should raise the top marginal federal income tax rate

    And punish people for working hard, making good decisions, and being successful, of course. Can't have people using their own money as they see fit!

    Why do you hate liberty?

    ReplyDelete
  5. No Bastiat, no of them earn that kind of money these days. If you can't see the game is rigged, then congratulations, you, my friend, are a mark.

    JMJ

    ReplyDelete
  6. First no should be surprised by the "progressive" who wrote the HuffPo article. It has become what we can expect from them.

    Second the issue is JMJ one of property rights. The proper and ethical belief that everyone should retain the rights to keep and enjoy the fruits of their labor. Not just a particular socio economic class IE: the lower to middle class.

    And the thid, related to the second, to progressives it is about stoking the class warfare meme that Obama is surely going to make a center piece of his campaign. So much for President uniting the country.

    ReplyDelete
  7. Gentlemen, here is the link; huffingtonpost.com/al-norman/wal-marts-rotten-hunger-c_b_677857.html And, please, pay special attention to the comments section......Jersey, most reputable food banks will NOT accept unacceptable items. If Walmart or any other corporation is writing rotten food like this off, that is a federal crime

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  8. The fact, Jersey, is that their property IS THEIR PROPERTY. There never has been, is not now, and never will be a rational argument for penalizing them for having more property than others. Their "fair share" (where your intellectual sloth is likely to take you in this case) is exactly the same dollar amount as every other individual American citizen. Under the Constitution, the rich and poor alike are guaranteed the exact same fundamental rights, and the rich do not "benefit" more from the system. They do, however, benefit from their greater/smarter efforts to accumulate property. And even if it's just plain dumb luck, it's still nobody else's business.

    Also, grownups know that life's not fair. Life's just life. Only people who are greedy, envious, pitiful, and just plain bad try to penalize people who have a better life, whether they "earned" it or not.

    I knows ya probably ain't much fer fancy book lernin' and all that, but ya apparently has the smarts ta type on yer fancy computin' deevice without supervision, so I'm assumin' ya can unnerstand simple concepts like that.

    Unless, of course, your emotions get in the way again. Oops. Yep, they did, and you're back into class-envy mode.

    Why do you hate liberty?

    ReplyDelete
  9. I like the one comment from a food bank that gets 44,000 lbs of food a week from Walmart....

    Looks to me that if one food bank gets that much from Walmart then Walmart has a huge distribution problem...

    At retail of an average of $2 a lb that is $88,000 dollars out the door every week...or 4.5 million a year!

    All to one food bank! Multiply that by the number of food banks in the USA and Walmart donates billions a year!

    Sure, it looks to me that the comments are as bogus as the story

    ReplyDelete
  10. Donald in Bethel, CT says:

    Will, thanks for the link.

    Also, let it be known that food is still getting to food banks and then the food banks distribute them accordingly. So at the end of the day, are hungry people being fed? Yep.

    I could care less if Walmart is part of The Evil Empire of white Republicans who hate black folks and have disdain for the poor, (a liberal's wet dream right there). If people are being fed, and they are, what really matters?

    Walmart gives the food into the hands of food banks. Perhaps liberal scrutiny should fall upon these food banks instead. All Walmart is doing is supplying food, and not telling those who receive it how it should be used. Big difference.

    ReplyDelete

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