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Hmmm. What is profit? If a company pays its CEO 10 million dollars, it is not stated profit, but that's a cost we could live without. If a CEO can write off a f
by kshacker 7y ago
Hmmm. What is profit? If a company pays its CEO 10 million dollars, it is not stated profit, but that's a cost we could live without. If a CEO can write off a few million, a few 10s of millions in corporate gala spending, it is not stated profit, but that's a cost we could live without. I am sure if we dig deeper into cost per patient between Medicare and between lets pick a company, you will realize that you can do without maybe 20% of this 3.5 trillion easily. And that is before we start looking at many other factors such as abuses in the system (looking from the other side and looking at freeloaders to say it very bluntly and quickly).
While I look at the CEO's multi-million salary, I also wonder how much tax they pay. Did the 10 million salary lead to 3-3.5 million in taxes or ... we probably can guess the answer. It is a double / triple whammy.
Message: Look at the total loot, not the stated profit.
- deleted 7y ago[deleted]