Wednesday, July 19, 2006

Wal-Mart Wins a Big One

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The so-called Wal-Mart law has been struck down in Maryland:

BALTIMORE (AP) -- A federal judge on Wednesday overturned a Maryland law that would have required Wal-Mart Stores Inc. to spend more on employee health care, arguing the retail giant "faces threatened injury" from the law's spending requirement.

The state law would have required large employers to spend at least 8 percent of payroll on health care or pay the difference in taxes. Only Wal-Mart would have been affected by the law.

U.S. District Judge J. Frederick Motz concluded that the law would have hurt Wal-Mart by requiring it to track and allocate benefits for its Maryland employees in a different way from how it keeps track of employee benefits in other states. Motz wrote that the law "imposes legally cognizable injury upon Wal-Mart."

Another crash and burn mission for the AFL-CIO and a big win for American capitalism and free enterprise. I love when the unions think they have real power and they realize that they have none when the facts present themselves.

The unions should've bargained when they had a stronger position but decided to be greedy with that power to the detriment of many small and mid-size corporations. Now that the tide has turned they've gone to the courts and that hasn't worked at all (0-33 is absolutely Kos like).

Links provided by Wal-Mart reps in the spirit of full disclosure.

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