View Full Version : The truth about profits
04-26-2011, 06:52 AM
When anything happens to a business that threatens to cut profits, be it cost increases, decline in demand, or raising taxes, it is the consumer who pays.
So, what the heck. Let's raise corporate taxes on companies like KK, or P&G...they can surely afford it! After all, they are just evil rich corporations.
What would you think of a business owner who constantly harped that the rich should pay more in taxes ... and then you found out they had sales of $2,000,000.00+ in a single year yet paid their county water/trash bill late?
04-26-2011, 07:45 AM
$2M in sales, doesn't tell me anything about the company's financials. If they had $2.1M in expenses, it wouldn't surprise me at all. If their operating expenses were $1.6M, then I would be all over my accounts payable clerk.
<div class="ubbcode-block"><div class="ubbcode-header">Originally Posted By: pooltchr</div><div class="ubbcode-body">$2M in sales, doesn't tell me anything about the company's financials. If they had $2.1M in expenses, it wouldn't surprise me at all. If their operating expenses were $1.6M, then I would be all over my accounts payable clerk.
Well, I am just supposing.
So, here's a tease ... let's say that even though you didn't know all their expenses, you did know they had a 25-30 foot pleasure boat and were members of the local yacht club.
Would that amount to hypocrisy IYHO ... or anyone else's?
04-26-2011, 08:00 AM
But, my initial thought would be that someone doesn't have a very good business sense, or is quite inept in financial accounting.
That, or a tax scofflaw and hypocrite.
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