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- Average Joe Volunteers as Walmart’s Billionaire Bodyguard—Defends Their Right to Pay Less Taxes!
Average Joe Volunteers as Walmart’s Billionaire Bodyguard—Defends Their Right to Pay Less Taxes!
Average Joe Volunteers as Walmart’s Billionaire Bodyguard—Defends Their Right to Pay Less Taxes!
A man filming in his car just delivered an impassioned defense of Walmart’s right to keep more of its billions—because clearly, if Walmart struggles, so does the economy, right? Never mind that this same economy has left everyday workers deciding between groceries and medicine.
So let’s break this down like an adult—since, apparently, adults are being questioned.
1️⃣ Corporate Taxes Apply to Profits, Not Revenue
Walmart’s 2.7% profit margin is after all expenses, and the corporate tax rate only applies to that. So if an extra 7% tax is added, it’s only on the 2.7% left—not the entire revenue. There’s still plenty left over for their shareholders to buy another yacht.
2️⃣ Walmart Is Doing Just Fine at 21% Corporate Tax
If Walmart were truly at risk from paying a little more in taxes, it wouldn’t still be a multi-billion-dollar empire. But rest assured, after squeezing every penny from workers and suppliers, they’ll find a way to survive.
3️⃣ Walmart’s Volume Is So Massive, It Can Offset a Higher Tax in One Quarter
When a company operates on razor-thin margins but astronomical sales volume, even the smallest efficiency tweak covers an increase in costs. Walmart has logistics so advanced they can predict what customers will buy before the customers do—so adjusting for an extra tax? Easy.
Now, let’s get to the real absurdity.
A guy, sitting in his car, defending one of the richest corporations in the world, arguing that they shouldn’t have to pay more taxes—while average Americans are struggling with rent, medical bills, and food prices.
This is what corporate America has mastered: convincing regular people to fight battles for billionaires while those same billionaires lobby to pay less in taxes than the working class.
So next time someone defends Walmart’s profits, just ask: Are you on the payroll, or just doing free PR for billionaires?