this post was submitted on 02 Mar 2026
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Political Memes

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[–] jj4211@lemmy.world 2 points 3 days ago (1 children)

There got to be better examples than that. Walmart manages about 4% margin, so 653 billion went toward procuring the stuff for sale. That figure suggests a tax rate of 25%, which is low at that magnitude but not as dramatically low as other companies pull off.

[–] Donkter@lemmy.world 1 points 3 days ago

And lots of Walmarts "expenses" that they take out of their profit go into property rental and acquisition, I would venture to say it's one of if not the largest percentage of their expenses, much like my apartment is.