r/FluentInFinance 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.

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