Dan Price is the CEO of the online credit card processing company Gravity Payments which he started while a student. Dan became famous after he raised his company’s minimum wage to $70,000, and slashed his wage from $1.1 million to $70,000.
On Thursday Dan Price went off on the pandemic lockdowns and how it is ruining small businesses and making the global corporations more powerful.
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The Coronavirus may end up killing more jobs and businesses than people.
But why should the tech giants and globalists give a damn?
According to Dan, Amazon is doing great — profit is up 100%, Walmart: profit up 80%, Target: profit up 80%, Lowe’s: profit up 74%, Microsoft, Facebook, Apple, Google: stock at record high.Small businesses: 21% closed; revenue for rest down 30%. They’re gonna go extinct in the lockdown without help.
Amazon: profit up 100%
Walmart: profit up 80%
Target: profit up 80%
Lowe’s: profit up 74%
Microsoft, Facebook, Apple, Google: stock at record highSmall businesses: 21% closed; revenue for rest down 30%. They’re gonna go extinct in the lockdown without help.
— Dan Price (@DanPriceSeattle) November 19, 2020
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Wealth increase in the pandemic for founder/CEOs of Amazon: $91 billion, Walmart: $38B, Google: $37B, Microsoft: $33B, Facebook: $28B, Nike: $8B, Apple: $8B. Small businesses: collectively lost over $200 billion. We’re witnessing a record wealth transfer
Wealth increase in the pandemic for founder/CEOs of
Amazon: $91 billion
Walmart: $38B
Google: $37B
Microsoft: $33B
Facebook: $28B
Nike: $8B
Apple: $8BSmall businesses: collectively lost over $200 billion
We’re witnessing a record wealth transfer
— Dan Price (@DanPriceSeattle) November 19, 2020
MLB owners have laid off hundreds of workers. Yes, their revenue fell last season.
But in the last decade, the average team value has grown 277% to $1.9 billion, while revenues grew 204%
Why didn’t those billionaires save like regular people are told to?
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MLB owners have laid off hundreds of workers. Yes, their revenue fell last season.
But in the last decade, the average team value has grown 277% to $1.9 billion, while revenues grew 204%
Why didn’t those billionaires save like regular people are told to?https://t.co/jKrZxyuoFO
— Dan Price (@DanPriceSeattle) November 19, 2020
Amazon, led by the richest person in U.S. history:
*Paid 0 federal income tax in 2017/2018 and 1% in 2019
*Received $3 billion in taxpayer subsidies for local offices & warehouses
*Top recipient of food stamps & Medicaid for employees, meaning taxpayers subsidize low pay/benefits
Sources on that
Food stamps/Medicaid https://t.co/G9uDp5gqyU
Taxpayer-subsidized buildings https://t.co/H99DRmJHMN
Income taxes https://t.co/9TQGSz7QSB
— Dan Price (@DanPriceSeattle) November 19, 2020
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Amazon: profit tripled, axed $2/hour bonus in May
Kroger: sales up 30%, workers got $100 store credit
Walmart: Walton wealth up $38B, workers got $300 bonuses
Dollar General: $2.6B stock buybacks, workers got $173M
They’re not essential
They’re disposable
Amazon: profit tripled, axed $2/hour bonus in May
Kroger: sales up 30%, workers got $100 store credit
Walmart: Walton wealth up $38B, workers got $300 bonuses
Dollar General: $2.6B stock buybacks, workers got $173MThey’re not essential
They’re disposablehttps://t.co/SrO77TYd9j— Dan Price (@DanPriceSeattle) November 19, 2020
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When a regular person goes broke, “they shouldn’t have bought an iPhone or avocado toast”
When a billionaire with 3 yachts, 5 mansions and a near-zero effective tax rate lays people off, “that’s just the economy”
When a regular person goes broke, “they shouldn’t have bought an iPhone or avocado toast”
When a billionaire with 3 yachts, 5 mansions and a near-zero effective tax rate lays people off, “that’s just the economy”
— Dan Price (@DanPriceSeattle) November 19, 2020
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Billionaires know how to play the game
Bezos just got dozens of glowing stories for donating $791M against climate change. Most didn’t mention
*70% of Amazon political donations go to climate deniers
*Amazon paid 0 income tax 2017-2018 & 1% in 2019
*Donation = 0.4% of his fortune
sources on that⬆️
Amazon political donations https://t.co/AHQ7FC7hVuBezos net worth, which is up $70 billion in the pandemic https://t.co/Jtol7vLn2n
Amazon income tax https://t.co/9TQGSz7QSB
— Dan Price (@DanPriceSeattle) November 16, 2020
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Uber + Lyft spent $200 million in ads to convince Californians they shouldn’t pay drivers minimum wage or benefits. It worked: the measure passed.
In the two weeks since:
Uber: stock up 39%, or $24.7 billion
Lyft: up 52%, or $4.3B
Spent $0.2B to get $28B
Uber + Lyft spent $200 million in ads to convince Californians they shouldn’t pay drivers minimum wage or benefits. It worked: the measure passed.
In the two weeks since:
Uber: stock up 39%, or $24.7 billion
Lyft: up 52%, or $4.3BSpent $0.2B to get $28Bhttps://t.co/gYPvxPYBuh
— Dan Price (@DanPriceSeattle) November 16, 2020
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Corporate fraud leads to a 2.3% increase in robbery and theft in the company’s area (often due to layoffs)
Street crime cost to Americans: $18B a year
Corporate fraud cost: $360B a year
Police budgets: $115B
Corporate crime police budget (SEC/IRS): $7B
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Corporate fraud leads to a 2.3% increase in robbery and theft in the company’s area (often due to layoffs)
Street crime cost to Americans: $18B a year
Corporate fraud cost: $360B a yearPolice budgets: $115B
Corporate crime police budget (SEC/IRS): $7Bhttps://t.co/RCc27deeLt— Dan Price (@DanPriceSeattle) November 16, 2020
