OK if I get this right, Walmart rents the area their store is located on. Now does not whoever owns the property pay the taxes on it? This doesn’t make any sense.
Not quite. A corporation (or YOUR privately or publicly owned business for that matter) can set up various “entities” under an Umbrella Corporation.
Wal-Mart owns the property and I’m sure builds the buildings under another “entity” but they “rent” said building from yet another “entity” within the corporation.
It’s completely LEGAL and done by other corporations in WI and in other states. (Harley-Davidson was quoted earlier.)
Why don’t the LibTards investigate “Clinton, Inc.” and their business practices? I’m sure they’ve got a few hundred “entities” in Slick’s name, each taking a piece of the pie and giving back as little as legally possible.
Does anyone REALLY think he re-vamped office space in Harlem for his nefarious enterprises out of the goodness of his shriveled, black heart?
ROFLMAO! :)