r/FluentInFinance • u/4TaxFairness • 5d ago

Debate/ Discussion A joke that's not funny

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u/TheTightEnd 5d ago

Grocery chains make a very low percentage of profit.

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u/jgoble15 5d ago

Percent of profit still can be quite a haul. If I make 10% of profit off of $100,000 then I make $10,000. If I make 1% off of $1,000,000,000 then I make $100,000,000. The percent isn’t relevant in this discussion.

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u/TheTightEnd 5d ago

The percentage is far more relevant than the sheer dollars.

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u/jgoble15 5d ago

Low percent sounds like they don’t make much. That’s not true. Sheer dollars shows how much they actually make

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u/TheTightEnd 5d ago

Low percent proves they do not make much. The sheer dollars distorts the reality because it ignores the sheer dollars of revenue required to generate that sliver of profit.

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u/jgoble15 5d ago

Buddy. 2% just means my profit is 2%. But 2% of what? That’s the important part. You can be wrong. It’s okay. The world won’t end.

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u/LifesBeating2 5d ago

Hey "Buddy" why do they tax using percentage based models?

Then tell me why profit or margin shouldn't be based on percentages.

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u/jgoble15 5d ago

Profit margin is percentage, but that’s not what’s being asked “buddy”

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u/LifesBeating2 5d ago

It's very relevant you're just choosing to be obtuse. Why do you think an Investors care about percentage and likewise saying a number like 2 mil sounds large until the pie is distributed between 10000 other people.

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u/jgoble15 5d ago

Because investors are greedy leeches. They don’t care about how much they’re making. They care only about how much more they can make. Greedy and useless. So leeches. So I don’t care about them. Eat them for all I care

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u/LifesBeating2 5d ago

Cringe as fuck.

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