JonHolland's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/171791/comments http://seekingalpha.com/article/106835/comments?source=feed#comment-310096 310096 Wed, 19 Nov 2008 13:55:50 -0500 http://seekingalpha.com/article/70906/comments?source=feed#comment-135680 135680
I specifically did not use net income because I wanted to illustrate the point that giants like walmart wouldn't blink over $270M. In that same vein I am not belittling them either, what they do admirable. I wanted to put a little perspective on the numbers we are talking about here.
As an aside, net-income is a tricky beast, as I am sure you are aware, due to conflicting pulls in our current tax code. Which investors praise high net-incomes, but at the same time, the tax man is watching.

When was the last time you were able to tell uncle sam that 97% of your income shouldn't be taxed because you had bills to pay? I want my tax exposure to be income-expenses too! :(]]> Wed, 02 Apr 2008 23:07:52 -0400
I specifically did not use net income because I wanted to illustrate the point that giants like walmart wouldn't blink over $270M. In that same vein I am not belittling them either, what they do admirable. I wanted to put a little perspective on the numbers we are talking about here.
As an aside, net-income is a tricky beast, as I am sure you are aware, due to conflicting pulls in our current tax code. Which investors praise high net-incomes, but at the same time, the tax man is watching.

When was the last time you were able to tell uncle sam that 97% of your income shouldn't be taxed because you had bills to pay? I want my tax exposure to be income-expenses too! :(]]> http://seekingalpha.com/article/70906/comments?source=feed#comment-135336 135336 First, some % of it is a tax write off, but let's not bag on them for that, that is a perk, and lowers their tax exposure.
Second. That was FY2006. Want to know what their revenue was?
money.cnn.com/magazine...

Revenues 315,654.0 (YES, $315.65 BILLION dollars.)

Doing the math
615,654,000,000/272,90... = 0.0443268459231971% of revenue

What is 0.044% of your revenue?
Let's assume you make $75,000/year
75000*0.00044326845923...

That would the equivalent you of giving $33.25 to your favorite charity.

Doesn't seem so impressive, that is 8 lattes.
]]> Wed, 02 Apr 2008 13:20:43 -0400 First, some % of it is a tax write off, but let's not bag on them for that, that is a perk, and lowers their tax exposure.
Second. That was FY2006. Want to know what their revenue was?
money.cnn.com/magazine...

Revenues 315,654.0 (YES, $315.65 BILLION dollars.)

Doing the math
615,654,000,000/272,90... = 0.0443268459231971% of revenue

What is 0.044% of your revenue?
Let's assume you make $75,000/year
75000*0.00044326845923...

That would the equivalent you of giving $33.25 to your favorite charity.

Doesn't seem so impressive, that is 8 lattes.
]]>