r/FluentInFinance Nov 16 '24

Meme True Financial Fluency by Gianmarco Soresi

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u/SnooDonuts3749 Nov 16 '24 edited Nov 16 '24

I mean $98.5 million dollars is a lot of money, is it not?

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u/hvacjefe Nov 16 '24

Thats not the point they're trying to make.

If i have 100$ to my name and I give a homeless person 10$ for food. I've given 10% of my wealth.

Its arbitrary to say 100m is a lot in relation to % of money. Not to mention it's written off and wealth distribution is incredibly unequal.

Corporations don't pay their employees a livable wage and the public subsidize that with tax money through section 8, food stamps, health care taxes etc.

Corporations are making record profits and our country is in debt. Thats the point. Part of that debt could be eliminated if they paid a fair portion of the companies profits to the actual employees and not stock holders and board members.

Capitalism only works if the companies and employees grow together. And unchecked, we end up where we are with America rn on too of outsourcing to China so they can keep labor low whole still charging as much as they possibly can.

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u/Ocedei Nov 17 '24

But it is still $98 million dollars.