[Winona Online Democracy] The Community Profile of Faribault, MN from www.mnpro.com reports employment of 290 for their Wal-Mart. Even if they were all part time employees that's a lot of payroll checks circulating in the community to be spent at all the businesses who don't sell the same products. It seems to me that some economic models have use a ratio of 10 to 1 as to the rollover effect of payroll into a community by employers. That's seems to me to be a nice impact to the community. As for profits staying in the community the percentage of profit for most retailers is small and I believe in the 3-5 % range so I'll take the payroll, sales and property taxes plus the portion of corporate income made in Minnesota and could care less about the bread crumbs that trickle back to Arkansas or to be reinvested into new stores in more Minnesota communities.
Paul Double -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of terri hyle Sent: Thursday, August 07, 2003 7:36 PM Meanwhile, the profits will not stay in Winona, and important decisions that will affect our community for a long time will be made at corporate headquarters in another state. I also believe that large corporations who wish to develop land for their own profit should so so at their own expense _______________________________________________ This message was posted to Winona Online Democracy All messages must be signed by the senders actual name. No commercial solicitations are allowed on this list. To manage your subscription or view the message archives, please visit http://mapnp.mnforum.org/mailman/listinfo/winona Any problems or suggestions can be directed to mailto:[EMAIL PROTECTED] If you want help on how to contact elected officials, go to the Contact page at http://www.winonaonlinedemocracy.org
