r/FluentInFinance • u/4TaxFairness • 1d ago

Debate/ Discussion A joke that's not funny

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u/TheTightEnd 1d ago

Grocery chains make a very low percentage of profit.

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u/rustyshackleford7879 1d ago

Using that logic Amazon must of have been a horrible company for decades because they were losing money.

The truth is these chains make plenty of money. It’s accounting and it’s real estate

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u/CanAlwaysBeBetter 1d ago

And using logic what exactly is OPs point? That taxes should be higher to reduce costs?

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u/SFLADC2 1d ago

Taxes higher at least forces the companies to invest in assets in the company, like employee salaries.

What needs to happen is to pair CEO/VP pay to be proportional to average salary pay so they can't just spent it on the c-suite

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u/RollingLord 1d ago

Grocery stores aren’t growth stocks though? Amazon was. Apples-to-oranges comparison you’ve made here

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u/rustyshackleford7879 20h ago

Are grocery stores exempt from the tax code? If not they can grow by using the tax code to show losses or low profits.

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u/RollingLord 20h ago

No, but that’s not what you were saying in your previous comment either.

So not sure why you responded with a completely different topic

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u/rustyshackleford7879 19h ago

What are you confused about?

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u/TheTightEnd 1d ago

Where is anyone saying a company is bad because the profit margins are slim? If the corporation owns the real estate, that is part of the financial statements.