Walmart made BILLIONS OF DOLLARS last year, far more than expected.
Under Joe Biden’s absolutely terrible, awful, most baddest saddest America-lastest economy?
Hahaha, get fucked both of them
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To anyone who hates your message. Don’t hate the victim hate the game
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And once the trade war is done, the prices will remain higher due to “record profits” and “people will continue to pay it because they have to”.
100% This. Walmart is far from the “aw shucks” helping the common man image it wants to portray
Certainly what we appear to have experienced in the UK, I’m sure it’s the same in other countries
Britain’s a bit different, as it’s caught in a perfect storm. It got a large amount of its energy from Russia, and the invasion hit just as Britain was also pouring massive investment into renewables and nuclear, which has to be paid for via energy bills. Add onto that the £40bn annual loss to the economy from Brexit and yeah, prices aren’t going down any time soon, but it isn’t necessarily because of profiteering. For example, rail freight operators have mothballed their electric fleet because the tariff per mile is so much higher than diesel at the moment. And they’re a business sector who can readily change from electricity.
That’s really interesting stuff, thanks for the reply
Oh, I hope his cult boycotts wal-mart.
Poor people can’t really boycott necessities. Doubly so when the other option is a dollar store or convenience store.
There are other grocery chains.
No there are not. In many smaller/rural communities, the nearest non-Walmart store can be up to hours away and be more expensive. If you’re barely scraping by and you have to work long hours or multiple jobs to do so, you don’t have the time or spare income to tack on an extra 2 hours to your grocery shopping and pay 10-20% more. Walmart has done an exceedingly good job at wiping out the competition in small communities that have no alternatives. That’s why you don’t see as many Walmart stores in larger, more populated areas…their entire business model relies on killing the competition.
And that’s not even getting into how their new employee orientation has to include information on how to sign up for food stamps.
So like I said. I would like to see the toothless hayseeds that support trump boycott wal-mart.
It will hurt both them and wal-mart.
I have the suspicion that you aren’t really familiar with what rural poverty looks like. These are people that cannot qualify for credit cards, get taken advantage of by payday loans, and struggle to meet the basic necessities that don’t actually even add up to a reasonable standard of living. These are people that can’t afford to put enough gas in the tank of their car to drive to those other stores, and literally their only source of groceries is likely to be a Walmart if they’re lucky enough to have one in their town.
There is a good amount of Schadenfreude to be had when it comes to Trump voters, but when you’re in the position of trying to help them control their diabetes and high blood pressure on a diet of cheap, processed, high-sugar, high-sodium crap, you’ll lose that spiteful glee real quick. These are people that are inextricably trapped by poverty, food deserts, healthcare deserts, and failing education systems that never really had a chance and it’s hard for me to find any real satisfaction in seeing them suffer.
If they are so devoted to trump that they are willing to starve to satisfy one of his many petty grudges, that’s on them.
I’m saying that they aren’t going to boycott Walmart because they don’t have the option to do so.
Oh, I had no idea. Problem solved.
The dollar store is gonna be the tree fiddy store soon
Anyone else suffering from faux rage exhaustion?
This asshole isn’t dead yet?
Thoughts and prayers.
8647
Back to school prices are gonna see the most change.
Why not refund the taxpayers cost of tariffs from the tariffs collected? Tariffs are being broken out on invoices, file the tariff tax as deductions on 1040’s. It would be a wash for the taxpayers.
That seems convoluted but also as stated it wouldn’t be a wash.
A deduction means pretend that portion of income never existed and the taxable portion of it is not charged.
Then generally the deduction has to be above the standard deduction to make sense to use, and the standard deduction is just so high nowadays.
So if you claimed a hypothetical deduction of 1,000, then you reduce your tax burden by only 200 or so, assuming you otherwise had like 20 some odd thousand in deductions to get you close to the standard deduction.
The only way it would be a wash is if it were a refundable tax credit with no qualifications, and that almost never happens for anything. I could imagine a non refundable credit that would make it a wash for anyone with sufficient tax liability.
However, this would make the tariffs an utterly pointless needless complication, needing a whole lot more accounting by sellers and consumers just to get to a similar and simpler position of not doing the tariffs in the first place.
If the tariffs are immediately refunded, why collect in the first place?
Well you see the problem here is that you’re using your brain and well we just can’t be having that
Take their tax benefit out Mr trump
Dear 47, tariffs are essentially sales taxes based on origin rather than point of sale. If a business has, lets say, a 2.5% profit margin they cannot “eat” tariffs larger than that because to do so would defeat the purpose of being in business (to make profit) in the first place, and said business would soon be bankrupt. I know you know what that is, having numerous failed business’ yourself.
I just looked earlier today at WalMart’s self- reported profit margin for FY 2024, and it was approximately 4.2%. I had much the same thought. Even if tariffs are only raised by 10% on their imported products, that has the potential to completely disappear their profits. I’m enough of a socialist-leaning person to need to point out this: The American conception of corporations only purpose being profit machines has only existed in its current form since he 1980s, and is not an absolute law of economics. However, I’m certain that Trump is only interested in making Trump look good.
“Bah! They can make it up in volume!” - Trump probably
casinos were done on purpose to launder russian money through his properties.
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Well Walton family, you know what you have to do.
8647?
If you don’t want the SS coming after you for “threatening the president”, make it “23-skidoo47”.
Just say in Minecraft
The in Minecraft defense has been tested and doesn’t legally protect you.
Get rid of Trump like they got rid of 1000s of small American businesses and well paying jobs?
Give him more money so he’ll leave him alone? Because that’s exactly what they’ll do.
That or fund the next right wing religious nutjob that’s worse than Trump but loyal to them.
Live life as best you can as God fearin’ mountain folk?
Trump rages at truth, facts and concrete .evidence
So the “elected” government is trying to control prices? Isn’t that the definition of socialism?
It’s an element of a planned economy which has been more commonly used in authoritarian socialist countries but isn’t exclusive to them.
(Fun fact because I just looked it up: There doesn’t seem to be one generally accepted definition of “socialism”.)
Worker ownership of the means of production.
I.e. profits from goods and services go to those who provide them rather than investors.
Which is why I scream about employee ownership whenever I can. It’s the closest we can get in the states I think right now. NCEO
That’s communism. The two are not interchangeable.
No it’s not. Socialism is compatible with economic and political systems beyond communism. Sorry, but you don’t know what you are talking about.
Social ownership (public) of production, doesn’t have to be the workers
State capitalism exists though, ROK and CCP are the more famous examples
I’d say a good loose definition is just ‘people pooling resources for the common good’ so basically all taxes and things paid for by taxes including the military.
Socialism is only bad when the left does it.
Or the poors
No
WHO SHAT MY PANTS!?!?
Clearly it was Biden.
fun fact, he is not aware when he shits own pants after he flies intoa rage. the producers in his relaity show later claimed he becomes a deer in head lights when it happens, and often they have a guy on the set to wipe him down like a baby.
