The Walton Family and Corporate-Style Education Reform
The Walton family, the richest family in America, is the largest user of a type of trust designed to avoid estate taxes. These trusts contain billions and have helped the Waltons avoid an estimated $3 billion in taxes. The Walton family then uses these trusts to fund the Walton Family Foundation, which is one of the country’s biggest funders of school privatization efforts. They’ve helped fund a quarter of the country’s charter schools.