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Thread: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

  1. #131
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by captainawesome View Post
    That article showed walmaet made out like bandits. They only had an increase of 1% lol that is good news they made even more.
    So basically what you're implying is that growth of any kind is bad??? or are you trying to say that if a company grows employees should get more?

    What happens when a company takes a loss - should the employees get less?

  2. #132
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Mr.Nick View Post
    Wal-Mart 1Q profits, revenue disappoint

    Not according to this article.

    So basically shareholders should get screwed over so some idiot can jock a register for 12.50 an hour?
    Maybe you should read your own article....
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by captainawesome View Post
    Greeters don't pay taxes. They consume taxes.
    Their income is taxed.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

  4. #134
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Kushinator View Post
    Greeters are an inefficient use of resources. In essence, it is taxable charity.
    ?? I don't understand what you're saying here. That WalMart uses seniors and mentally handicapped people in their stores is a wonderful thing. Until one knows the desperation people feel who are marginally mentally handicapped to find something productive to do with their lives, they cannot appreciate the wonderful service companies provide society when they choose to employ these people.

    (Not directly at you -- I just wanted to get that out there. )
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

  5. #135
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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Deuce View Post
    All hail the Sacred Job Creators. Do no harm to them.

    By the way, just because Walmart says they'd stop opening stores in that area doesn't mean they'd actually do it. The vast majority of Walmart's expenditures are inventory, not wages. Raising the minimum wage wouldn't require a substantial price increase like many claim.

    And if you're so concerned about socialists, why are you ok with taxpayers subsidizing Walmart's profits via that horrid socialism you hate so much like welfare and food stamps?
    You are aware that a business operates on the difference between the cost of their goods, and price they sell them for. Wages, and everything else is paid for by that difference.

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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Kushinator View Post
    Maybe you should read your own article....
    I did Walmart made even more money.

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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by MaggieD View Post
    ?? I don't understand what you're saying here. That WalMart uses seniors and mentally handicapped people in their stores is a wonderful thing. Until one knows the desperation people feel who are marginally mentally handicapped to find something productive to do with their lives, they cannot appreciate the wonderful service companies provide society when they choose to employ these people.

    (Not directly at you -- I just wanted to get that out there. )
    Like i said, it is charity that is taxed. They could install virtual greeters (which would create higher skilled jobs, e.g. the people who have to design, build, and maintain them).
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Kushinator View Post
    Maybe you should read your own article....
    I did read it.....

    Why would anyone want to invest in Walmart with limited earnings on shares?

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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Kushinator View Post
    Their income is taxed.
    They don't make enough to pay taxes. They make little enough to get government help.

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    Re: Walmart says it will kill plans to build 3 new stores if DC wage bill passes

    Quote Originally Posted by Mr.Nick View Post
    So basically what you're implying is that growth of any kind is bad??? or are you trying to say that if a company grows employees should get more?

    What happens when a company takes a loss - should the employees get less?
    When a company does well the employees should do well. When a company struggles employees should expect to sacrifice.

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