Twenty locations in Puerto Rico... that’s a heckuva haul per store if the increase costs them that much extra.
Don’t know about John Galt but if I’m Sam Walton I’m sayin’ “hosta la vista” Puerto Rico.
Isn’t Vieques where we had a military bombing area where they bitched so much we said to hell with it and closed it down which was by far the areas largest employer?
Guess these welfare babies havent learned.
Shut the store down.
Let them go on the dole and live like rats.
Walmart has two choices.
Leave PR, or pay the Jizya to the Democrat Party
Walmart: Those who live by lobbying, die by lobbying.
“The tax increase will cost Wal-Mart $155 million over six years and make its Puerto Rico business unsustainable.”
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I recommend IMMEDIATELY closing out their Puerto Rico stores once they lose their case. Anyone else doing business in Puerto Rico should also bail out ASAP. They’ve run out of Puerto Rican “other people’s money” and now are going after anybody’s money they can get their needy little hands on.
If 72 megastores shut down their operations, the Island would collapse economically.....
Retail prices would increase without the market forces of low cost, high volume business models....
Tax revenue would plummet since the small retailers picking up volume slack may not be so careful in their bookkeeping....(Greece )
In other words Fail just like every other liberal concept....
I bet WM wins in court....