Tax Reform in This Election Year: It's Not Likely
Which Credit Card Rewards Does the IRS Care About?On November 20th, I wrote about the tragic, and appalling, tale of Deborah Shank -- a Wal-Mart (NYSE: WMT) worker rendered severely brain damaged after a crash with a truck.
Her insurance, provided by Wal-Mart, paid for her medical needs, and Ms. Shank and her husband received $700 thousand in a settlement from the trucking company that crashed into her. Then Wal-Mart, a $190 billion company, sued for the money to recoup the amount it spent on her medical care.
The legality of the move aside, it's appalling on a moral level. WalMartWatch has more information available, and is also collecting donations to aid the family. That site sums it up well:
This holiday season, Wal-Mart rolled out a new slogan: "Save money. Live better."
But who lives better with Wal-Mart's low prices? Clearly, it isn't Wal-Mart employees like Deborah Shank.
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