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Last Updated: Monday, May 11, 2009
Trade official reports Walmart supercenters contribute tax revenue
Oroville Mercury Register (California)
May 5, 2009 CHICO A former state commerce official said Tuesday that communities that have seen Walmarts expand into supercenters have benefited by increases in tax revenue. Lon Hatamiya, who served as the state's Technology Trade and Commerce Department top official from 1999 to 2003, came to that conclusion after studying California-gathered retail sales tax data. Hatamiya indicated the higher retail sales tax revenue was linked to additional shoppers coming to a community or increases in sales at other businesses. Read on.
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