this post was submitted on 29 Jun 2025
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Late Stage Capitalism

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[โ€“] Hotzilla@sopuli.xyz 17 points 4 days ago* (last edited 4 days ago) (3 children)

I verified the number because it doesn't sound quite right. Walmart makes profit of roughly $20B yearly, per day that is $55M, the family owns around half.

So they make like $25M per day.

That is still insane amount of money, and probably also they do some tricks to lower the profit and hide the money through some loopholes, like all the millionaires/billionaires.

Nobody needs that kind of money, so they should be taxed like hell, but not in this world

[โ€“] xavier_berthiaume@jlai.lu 7 points 4 days ago

but not in this world

That is until people take measures into their own hands

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