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TexasTowelie

(111,829 posts)
Fri Nov 15, 2019, 06:29 AM Nov 2019

Walmart Inc. sues 32 Colorado counties to shrink tax bills

DURANGO, Colo. (AP) — The parent company of Walmart has sued dozens of counties in Colorado in a bid to reduce its tax bills.

The Durango Herald reports that county assessors are tasked with taking inventory of businesses’ assets and determining the items’ value.

Authorities say Walmart Stores Inc. filed the lawsuit against 32 of the state’s 64 counties saying the valuations don’t reflect the stores’ equipment which wears out faster because of overnight hours of operation.

Corporate officials say the lawsuit seeks to reduce the value of its personal property at 95 of its stores and recoup attorney fees.

Read more: https://apnews.com/39ca3aa2c42c42c79eb50c4533daaa2a

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Walmart Inc. sues 32 Colorado counties to shrink tax bills (Original Post) TexasTowelie Nov 2019 OP
Walmart Sherman A1 Nov 2019 #1

Sherman A1

(38,958 posts)
1. Walmart
Fri Nov 15, 2019, 06:33 AM
Nov 2019

Socialism for the wealthy, rugged individualism for those who are not.

Bet they still except good roads, fire and police services from those governments.

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