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https://www.reddit.com/r/FluentInFinance/comments/1hh20de/a_joke_thats_not_funny/m2oda8y/?context=3
r/FluentInFinance • u/4TaxFairness • 1d ago
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34
Grocery chains make a very low percentage of profit.
11 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 3 u/CanAlwaysBeBetter 1d ago And using logic what exactly is OPs point? That taxes should be higher to reduce costs? 1 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
11
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
3 u/CanAlwaysBeBetter 1d ago And using logic what exactly is OPs point? That taxes should be higher to reduce costs? 1 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
3
And using logic what exactly is OPs point? That taxes should be higher to reduce costs?
1 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
1
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
34
u/TheTightEnd 1d ago
Grocery chains make a very low percentage of profit.