Woo ... you are sounding like a Reagan "trickle down" economist. Now you're thinking!Those tax breaks would be replaced by income tax from more people employed and people making more. Also the welfare bill would go down because there are more people employed.
Without more jobs for people to go to wages aren't going to increase. And like I said politically nobody would dare to cut welfare.
Have you thought about what you are saying. Tax breaks for the Walton's ? Really ?
How do you come up with welfare going down ? When people see the government subsidizing them...they'll say "not me", right ?
[ame=http://www.youtube.com/watch?v=fOZ-Etb0k0Q]Obama Money - Where Did it Come From? - YouTube[/ame]
Tax breaks for corporations yes. In return for creating jobs and good wages... In theory walmart would make up for the increase wages in tax break. Everybody wins.