The Walmart 1 Percent: The Facts on Washington DC

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The Walmart 1 Percent in the District of Columbia

AFFILIATIONS OF THE WALMART 1%:

• The Walton Family Foundation’s Washington, DC office: 919 18th St. NW #650, Washington, DC 20006; (202) 457-9012
• Walmart CEO and Board of Directors member Mike Duke is on the Executive Committee of the Business Roundtable: 300 New Jersey Ave. NW, Suite 800, Washington, DC 20001; (202) 872-1260
• Walmart CEO and Board of Directors member Mike Duke is a member of the National Academy of Engineering, 500 5th St. NW, Washington, DC 20001; (202) 334-3200 (phone), (202) 334-2290 (fax)
• Walmart Board of Directors member Christopher Williams is a member of the Aviation Advisory Committee, US Department of Transportation: 1200 New Jersey Avenue SE, Washington, DC 20590; (202) 366-4000
• Walmart Board of Directors member Christopher Williams is a Director of the National Association of Securities Professionals: 727 NW 15th Street, Suite 750, Washington, DC 20005; (202) 371-5535
• Carrie Walton Penner—daughter of Walmart heir and Board of Directors chair Rob Walton, and wife of Walmart Board of Directors member Greg Penner—is on the Board of Directors of the Alliance for School Choice: 1660 L Street, NW, Suite 1000, Washington, DC 20036; (202) 280-1990 (phone), (202) 280-1989 (fax)

Walmart’s Impact on the District of Columbia’s Employment Picture

Impact of Walmart’s China sourcing on jobs

Based on an estimate of Walmart’s share of the U.S.-China trade deficit, we can estimate that District of Columbia lost an estimated 288 jobs as a result of Walmart’s practice of sourcing heavily from China.[1]

Walmart’s Cost to District of Columbia Taxpayers

Taxpayer subsidies for Walmart

Walmart is the world’s biggest company.[2] But despite its colossal financial resources—the company brought in $444 billion in revenue last year[3]—it’s habitually dipped into public coffers to finance its expansion into almost every corner of the United States.[4] In the absence of centralized information or databases on economic subsidies, Good Jobs First, an economic policy and research non-profit, has done extensive research to document the subsidies Walmart has received, and has published the data on Walmart Subsidy Watch. Here’s what GJF uncovered in DC.

Taxpayer healthcare costs

Tens of thousands of Walmart associates and their families qualify for Medicaid and other publicly subsidized care. Indeed, according to data compiled by Good Jobs First, in 22 of 24 states which have disclosed information, Walmart has the largest number of employees or dependents on the public rolls of any employer.^[5] Since Walmart has no stores in the city, there are no data for Washington, DC.

More Walmart stores coming to the District of Columbia

Here’s a list of Walmart stores planned or rumored to be opening in the District of Columbia:[6]

• District of Columbia: Supercenter, 5929 Georgia Ave. NW
• District of Columbia: Supercenter, 801 New Jersey Ave. NW
• District of Columbia: Supercenter, New York Ave. NE and Bladensburg Rd. NE
• District of Columbia: Supercenter, East Capitol St. NE and 58^th St. NE
• District of Columbia: Supercenter, Good Hope Rd. SE and Alabama Ave. SE
• District of Columbia: Supercenter, Riggs Rd. NE and South Dakota Ave. NE