3 ms·
>And it only comes now, 20 years after the company's founding, after it has huge profits (and can deduct expenses like salaries in the profits before paying tax
by apexalpha 8y ago
>And it only comes now, 20 years after the company's founding, after it has huge profits (and can deduct expenses like salaries in the profits before paying tax), after it has crushed all competitors with extremely low wages that were only possible because many employees received government handouts too (so subsidized wages), and after it de facto has secured itself a monopoly.
Spot. On.
They outcompeted every small retail store and online warehouse by undercutting costs, partly by paying unliveable wages that have to be subsidized by the taxpayer in the form of foodstamps.