Wal-Mart Subsidies in Beckley, WV
|Address||replaced by Supercenter|
|Type of Facility||discount store|
|Value of Subsidies||at least $1.25 million|
NarrativeWal-Mart received tax credits from the state for this discount store. State tax credit disclosure reports revealed that the store received a business franchise tax credit in 1992 worth between $250,000 and $500,000 and a corporate net income tax credit in 1993 worth more than $1 million. Using the lowest dollar figures, the subsidy was worth at least $1.25 million. The store closed in 1995 and was replaced by a Supercenter.