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Voice: Why is Calexico subsidizing Wal-Mart?

April 10, 2001

Wal-Mart's revenues last year exceeded $200 billion! That's $200 billion with a "B."

Calexico Wal-Mart's taxable sales last year were approximately $50 million. Calexico has been refunding our tax moneys to Wal-Mart for the last eight years. The total amount of our tax money that has been refunded to Wal-Mart in Bentonville, Ark., is approximately $2 million.

That's $2 million out of Calexico, out of Imperial County and out of California!

More bad news — Calexico will be "squeezed" by Wal-Mart of our tax money for the next seven or eight years!

Que pasa?

What about poor little Calexico?

FRANK MORENO

Calexico

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