The Wal-Mart Billions
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John Walton, one of five Wal-Mart heirs who are ranked among the richest people in the U.S., died with a fortune of $18.2 billion (Obituary, June 28).
If all five heirs have approximately the same net worth, their total net worth would be more than $90 billion.
Meanwhile, some of their employees are compelled to apply for public benefits funded with tax dollars while Wal-Mart squeezes subcontractors so that they cannot pay a living wage.
Regardless of any of John Walton’s charitable works, this disparity is a shameful commentary on our society and its tax laws.
Lloyd A. Dent
Studio City
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