Theforgottendwarf
Theforgottendwarf t1_j9m747o wrote
Reply to comment by goodluckonyourexams in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
For every $1.00 you spend at Walmart you pay $0.075 generally in sales tax. Mom and pops, small businesses historically hide some transactions as cash. As well Walmart hires a great mix of skilled/unskilled labor which helps boost the local economies. This is why local/state governments “sponsor” walmart, giving them great subsidies and have no issues with employees on welfare. Because they know many of those employees wouldn’t make it elsewhere.
Theforgottendwarf t1_j9jp9qd wrote
Reply to comment by Scorpions99 in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
I think you missed the point. In most places sales tax is around 8%. Walmart makes 3%. The govt makes money by you shopping at Walmart, instead of at mom and pops that are far harder to tax properly.
Theforgottendwarf t1_j9hp75e wrote
Reply to comment by metisdesigns in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
How much does the state take in in Sales Tax. Welfare is just them kicking back sales tax profits.
Theforgottendwarf t1_j9hp015 wrote
Reply to comment by GameDoesntStop in [OC] How Walmart makes money (they just released earnings for the fiscal year ending January 31) by IncomeStatementGuy
What about sales tax? Does the govt make more than Walmart does?
Theforgottendwarf t1_iua7jk8 wrote
Reply to comment by FakingItSucessfully in eli5: What are freemasons and why are there so many conspiracies about them? by SovietCyka756
It generally is boring, but if you all talked about it you would know about the Manhattan project going on.
Theforgottendwarf t1_it8vl8e wrote
Theforgottendwarf t1_it8vkdq wrote
Theforgottendwarf t1_it73sqx wrote
Reply to comment by GeneralZaroff1 in [Image] Sometimes failure is brought on by oneself. by IanAgate
Doping played a role. In Jamaica anti doping regulations weren’t introduced until after Bolt had won. His coach was caught. His teammates caught. His results are now absurd anomalies on the leaderboards.
Fraud.
Theforgottendwarf t1_it73iuy wrote
Says the guy that was the most likely the best at cheating for 9 seconds. His coach was caught. His teammates were popped. Everyone with ranking near him, DQ’d and yet his records stand.
Theforgottendwarf t1_jdcmbqv wrote
Reply to comment by ThingThatsJustBegun in Why California is still in drought despite heavy rain and snow by bogdanelcs
exactly. Why is California in a drought after they’ve sucked the ground completely dry of natural resources for tens of years. California’s natural resources can’t support the number of people they’re trying to house.