Corporate Greed Taking FULL Advantage Of Inflation

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Published on 25 Nov 2021, 4:00
Even though the CEO of Dollar Tree made upwards of $11 million last year after his company totaled profits of around $1.2 BILLION, prices will still be increasing in stores nationwide, as the CEO cites ‘inflation’ as the primary cause. Ana Kasparian discusses on The Young Turks. Watch LIVE weekdays 6-8 pm ET. youtube.com/theyoungturks/live

Read more HERE:
commondreams.org/news/2021/11/...

"Dollar Tree CEO Michael Witynski—who raked in around $11 million in total compensation last year—announced Tuesday that his company is raising prices to $1.25 at stores across the United States, pointing to the current "inflationary environment.”

But observers weren't buying Witynski's explanation for the imminent price hike, which was publicized as Dollar Tree reported $216.8 million in net profits for the third quarter of 2021. The 25% price increase is expected to take effect at Dollar Tree stores nationwide in early 2022."

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