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    Default DEMOCRATS in the news



    FAUXCAHONTAS ON WARPATH - SQUAW BLAMES CORPORATE GREED FOR HEAP BIG FOOD PRICES



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    As I have previously pointed out Kroger Foods (one of the largest supermarket chains in the US) currently has a profit margin of 0.86%. That is, they make less than 1% profit on their gross sales. How much lower should they go in Warren's opinion?

    Sorry. I looked up Kroger's current margin. It's down to 0.75% at the moment...

    https://www.macrotrends.net/stocks/c...Other%20Stocks

    So, the phony Indian princess is full of shit.

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    Quote Originally Posted by T. A. Gardner View Post
    As I have previously pointed out Kroger Foods (one of the largest supermarket chains in the US) currently has a profit margin of 0.86%. That is, they make less than 1% profit on their gross sales. How much lower should they go in Warren's opinion?

    Sorry. I looked up Kroger's current margin. It's down to 0.75% at the moment...

    https://www.macrotrends.net/stocks/c...Other%20Stocks

    So, the phony Indian princess is full of shit.
    As usual.

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    Quote Originally Posted by T. A. Gardner View Post
    As I have previously pointed out Kroger Foods (one of the largest supermarket chains in the US) currently has a profit margin of 0.86%. That is, they make less than 1% profit on their gross sales. How much lower should they go in Warren's opinion?

    Sorry. I looked up Kroger's current margin. It's down to 0.75% at the moment...

    https://www.macrotrends.net/stocks/c...Other%20Stocks

    So, the phony Indian princess is full of shit.
    Instead of talking about margins, why don't you just post their actual profits?

    Is the reason because their profits are in the billions, and you can't make a phony baloney point about that?
    Last edited by LV426; 01-12-2022 at 02:26 PM.
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    Quote Originally Posted by LV426 View Post
    Instead of talking about margins, why don't you just post their actual profits?

    Is the reason because their profits are in the billions, and you can't make a phony baloney point about that?
    So? If they make billions that means they're selling trillions in product, because less than 1% of what they sell stuff for ends up being profit in their pockets.

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    Quote Originally Posted by T. A. Gardner View Post
    So? If they make billions that means they're selling trillions in product, because less than 1% of what they sell stuff for ends up being profit in their pockets.
    So what if 1% of what they sell ends up being profit? THEY MAKE $2B A YEAR IN PROFIT.
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    Quote Originally Posted by LV426 View Post
    So what if 1% of what they sell ends up being profit? THEY MAKE $2B A YEAR IN PROFIT.
    It's volume, all major chains do the same, making above one percent profit on any big grocery chain is unusual

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    Quote Originally Posted by LV426 View Post
    So what if 1% of what they sell ends up being profit? THEY MAKE $2B A YEAR IN PROFIT.
    They are a big company. That's what happens when you're a big company.

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    Quote Originally Posted by LV426 View Post
    Instead of talking about margins, why don't you just post their actual profits?

    Is the reason because their profits are in the billions, and you can't make a phony baloney point about that?
    Because that's irrelevant to the discussion. If a company's gross revenue is say $100 billion and the profit on that after paying the bills is $1 billion, that company isn't making some "obscene" profit off of its business.

    These are companies that have obscene profit margins. Maybe Warren should be bitching about them, but she probably won't because they probably give her big campaign donations...

    https://www.investors.com/research/p...more%20rows%20

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    Quote Originally Posted by T. A. Gardner View Post
    Because that's irrelevant to the discussion.
    Wrong. It's completely relevant because Warren is talking about taxing profits, not taxing revenues or margins.

    You shifted away from what Warren was talking about because Kroger makes $2B in profit a year, and you can't let other people know that because then it undermines your weak argument.

    I see right through this act.


    If a company's gross revenue is say $100 billion and the profit on that after paying the bills is $1 billion, that company isn't making some "obscene" profit off of its business.
    $1B in profit is obscene...and they make double that.


    hese are companies that have obscene profit margins.
    Oh woe the CEO whose company only made $2B last year.

    How's that boot taste?
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    Quote Originally Posted by LV426 View Post
    Wrong. It's completely relevant because Warren is talking about taxing profits, not taxing revenues or margins.

    You shifted away from what Warren was talking about because Kroger makes $2B in profit a year, and you can't let other people know that because then it undermines your weak argument.

    I see right through this act.




    $1B in profit is obscene...and they make double that.




    Oh woe the CEO whose company only made $2B last year.

    How's that boot taste?
    She's an idiot. You are an idiot. The US government spends a billion dollars about every two and a half hours. That's obscene. That Warren wants to confiscate the profits of a corporation that's barely making a return on what they sell is obscene. Even if she confiscated their entire profits, barely funds the government's fraud, waste, and abuse for 5 hours...

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    Quote Originally Posted by LV426 View Post
    Wrong. It's completely relevant because Warren is talking about taxing profits, not taxing revenues or margins.

    You shifted away from what Warren was talking about because Kroger makes $2B in profit a year, and you can't let other people know that because then it undermines your weak argument.

    I see right through this act.




    $1B in profit is obscene...and they make double that.




    Oh woe the CEO whose company only made $2B last year.

    How's that boot taste?
    Wrong. It's completely relevant because Warren is talking about taxing profits, not taxing revenues or margins.
    So she would tax profits AFTER taxing revenue? Let’s look at this and see if I’m on the same page.

    Revenue(defined as total income from a particular source)is taxed at a corporate rate after all deductible expenses.

    What’s left after that is “profit”, right? Where do you think that profit goes? Well, yes, it gets divided up between the owners(aka the board members AND the stock holders)

    After it’s divided up, it becomes “revenue” for those people and is taxed as income for them. So you think the government should add ANOTHER layer of taxation to that? In other words, tax the total revenue of the corporation, then tax the profit that’s left after the corporate tax is paid, distribute what’s left of that to the board of directors and the stockholders, which will in turn be taxed as income for them. Do i have the picture now?

    Did you know that warren still wants a wealth tax? Yeah, that means that these ultra millionaires would pay an additional tax on their accumulated wealth every year. THAT MEANS A TAX ON CASH AND ASSETS THAT HAVE ALREADY BEEN TAXED YEARS BEFORE AS INCOME!

    When does it end with you vultures?

    $1B in profit is obscene...and they make double that.
    You and your ignorant ilk are not the arbiters of obscenity in fiduciary matters. You can’t make decisions because you have no understanding of finance and I suspect that you hate money in general or maybe just the people that have it.
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    Quote Originally Posted by LV426 View Post
    Instead of talking about margins, why don't you just post their actual profits?

    Is the reason because their profits are in the billions, and you can't make a phony baloney point about that?
    so they take less profits - which means they are pricing small mom and pops out of competing. - and you will bitch about that instead

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    Quote Originally Posted by zymurgy View Post
    so they take less profits - which means they are pricing small mom and pops out of competing. - and you will bitch about that instead
    They have already priced mom and pop out YEARS AGO, where the fuck have you been this century??????

    BTW - mom and pop make maybe $100K a year in profit...in fact, that's the average profit for a small business...just $100,000.

    So by all means, show us here how increasing Kroger's taxes would affect mom and pop, who haven't had a store in two decades.
    "While you're worried about bad apples
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    Quote Originally Posted by LV426 View Post
    They have already priced mom and pop out YEARS AGO, where the fuck have you been this century??????

    BTW - mom and pop make maybe $100K a year in profit...in fact, that's the average profit for a small business...just $100,000.

    So by all means, show us here how increasing Kroger's taxes would affect mom and pop, who haven't had a store in two decades.
    haha - there it is.

    when we talk covid deaths, we always discuss in scale - deaths per thousand. just about everything we discuss is in this context

    but not when it harms you, you would have us ignore scale. just look at this national company and the profits. ignore the margins - it is profits that matter.

    once again, your are just a mouth breather hoping/preying to lobby for someone to give you another hand out by vilifying those who produce and contribute to society with very low margins

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