The Waltons – who became the richest family in the world by inheriting Wal-Mart – are going to make a stealth appearance in the State Of The Union tonight when President Obama discusses his proposals to close tax loopholes that unfairly benefit the ultra-rich.
The new Forbes 400 list of the richest people in America is out today and the four Walton heirs who own Walmart are all in the top ten once again.
The Walmart heirs are donating very little of their growing $145 billion1 in wealth and lag far behind their peers at the top of The Forbes 400, according to a new analysis by the Walmart1Percent of charitable giving by America’s ten richest people between 2008 and 2013.
Arkansas State Senator Jason Rapert (R-Conway) spouted off against marriage equality last week – and simultaneously demonstrated his ignorance of the U.S. Constitution. And it turns out that Walmart has contributed to Sen. Rapert’s re-election campaign
Yesterday, the U.S. Supreme Court struck down certain limits on individuals’ federal campaign contributions, with a ruling on McCutcheon v. FEC. The Supreme Court declared unconstitutional the cap on the aggregate amount that an individual can give directly to candidates for federal office, federal political action committees, and federal party committees.
City officials in Green Bay, WI, are fighting a proposed Walmart in the city’s historic Broadway district, but one state lawmaker has voiced a different opinion. State Representative John Klenke has said this week that he will ask the state’s Building Commission to reconsider $2 million set aside for the expansion of the city’s convention center if the city blocks the Walmart opening.
The list Buzzfeed doesn’t want you to see
We originally posted this story on Buzzfeed, but without notifying us they took it down yesterday, claiming it was a “personal attack.” We don’t think that sharing factual information about the Waltons’ agenda is a personal attack – it’s just the truth that people deserve to know.
Today, Forbes released its annual list of the 400 richest Americans. Not only can the Waltons still count themselves as the richest family in America, but their net worth rose 25% in the last six months. The six Waltons on the list—Christy, Alice, Jim, Rob, Ann, and Nancy—are worth a combined $144.7 billion, up $29 billion from the last Forbes tally in March. It’s as if the richest Waltons found a long-lost, equally affluent sibling.
This week, the American Legislative Exchange Council (ALEC) is holding its annual meeting in Chicago. Today, thousands gathered outside the meeting to show their opposition to ALEC’s right-wing “model legislation.” Some of those present chose to highlight the ongoing role of the Walmart 1% in ALEC.