• v_krishna@lemmy.ml
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    17 hours ago

    I think personal income is more akin to revenue than profit. If you bring in 100K then you pay out rent, food, expenses, etc and only profit 30K or whatever you manage to save.

    • boydster
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      17 hours ago

      Personal income is paid from corporate gross profits (unless your company is failing, in which case your profits go negative, but that is still a profit impact), just like other fees like legal fees or whatever else. The money that is spent will necessarily reduce your profit, but it does not reduce your revenue. This is explicitly a business expense for Meta though, not personal income. This impacts profitability, not revenue. It would be an expense just the same if it was paid to zuck as income, so not much changes, but the point is you were right in spirit, just not in scale, and that’s all I meant

      • v_krishna@lemmy.ml
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        15 hours ago

        Ahh sorry I get our misunderstanding now. I meant as an analogy, for an individual your total income is like revenue is for a company (i.e., money in, not accounting for expenses out). AFAIK the payment to Trump came from Meta not from Zuck.