Wal-Mart, tax fraudin' it up

Although, it is technically not fraud. . .


Apparently companies do what Wal-Mart is doing in Wisconsin quite frequently, which is setting up two subsidiary companies, one to own land, and the other to run the store and pay rent to the first company, clearly with all the money ending up in Wal-Mart's (or whatever other corporation) pocket.

A nice excerpt: "Anything Wal-Mart can do to lawfully lower its costs allows the company to pass it along through lower prices," said company spokesman John Simley. "This is a lawful (tax) structure in Wisconsin."

Hmmm, Anything? The Pasty Quail invites comments on what other things Wal-Mart could do to lower prices, yet stay within the confines of the law. The floor is open. .