Yeah, those numbers are what’s left AFTER they’ve done a bunch of creative accounting to avoid taxes. Their ACTUAL profit margins are significantly larger and growing.
Their ACTUAL profit margins are significantly larger and growing.
Their gross profits are up because money is worth less because of inflation. The purchasing power of those “growing” profits has basically not changed.
That’s just not true. And since this is the point where it’s clear that you’ll just keep repeating the same piece of misguided conservative orthodoxy over and over again, I’m gonna leave you to it.
Viking_Hippie@lemmy.world 2 months ago
Yeah, those numbers are what’s left AFTER they’ve done a bunch of creative accounting to avoid taxes. Their ACTUAL profit margins are significantly larger and growing.
LibreHans@lemmy.world 2 months ago
Their gross profits are up because money is worth less because of inflation. The purchasing power of those “growing” profits has basically not changed.
Viking_Hippie@lemmy.world 2 months ago
That’s just not true. And since this is the point where it’s clear that you’ll just keep repeating the same piece of misguided conservative orthodoxy over and over again, I’m gonna leave you to it.
LibreHans@lemmy.world 2 months ago
Have fun staying poor
gamermanh@lemmy.dbzer0.com 2 months ago
Lol
LMAO, possibly