For Immediate Release
New WakeUpWalMart.com Ad Highlights McCain's Solution For The Economy: Billions In Tax Breaks For Wal-Mart
WASHINGTON - WakeUpWalMart.com, America's campaign to change Wal-Mart with 433,000
members nationally, today launches a hard-hitting 30-second TV ad-"Part
of the Problem"- that highlights John McCain's solution for our failing
economy: billions in giveaways for large corporations like Wal-Mart. It
asks if McCain's 'solution' isn't part of the problem. (Full script
The ad comes just days after the economy took serious hits as
financial institutions like Fannie Mae, Freddie Mac, and American
International Group failed amid the worst housing crisis in decades.
Despite millions of Americans struggling with a dire economy, Wal-Mart
has been making record profits. Indeed their Chief Financial Officer,
Tom Schoewe, said that, "tough times are actually a good time for
Wal-Mart." The retailer makes $21,000 in profit a minute, and made a
record $12 billion in profits last year. Despite their record profits,
and the failing Economy, John McCain's economic plan calls for a $1.5
billion tax cut for Wal-Mart, and millions more for their CEO.
The ad will begin airing nationwide today in 7 states: Michigan,
Missouri, Nevada, New Hampshire, Ohio, Pennsylvania, and Virginia. It
can be viewed at http://www.wakeupwalmart.com/video/mccaintaxbreaks.
TV AD SCRIPT
If a corporation makes twenty-one-thousand dollars in profit per minute...
If their Chief Financial Officer says "tough times are actually good" for their bottom line...
...do they really need more tax giveaways from Washington?
John McCain's proposed billions in new tax breaks for big
corporations like Wal-Mart - one-point-five billion for Wal-Mart alone,
millions more for their CEO.
More Bush-style corporate tax breaks - that's McCain's solution for America's economy.
But isn't that part of the problem?