My mother in law who made perhaps $ 800 a year if she was lucky with her baby knitting business reported her “profits” conscientiously every year. Her husband who was a Methodist minister was on a small stipend. They had to scrimp and save to make end meet with veggie gardens and still they lived in poverty most of their lives.
The pension they are entitled to gets whittled away through inflation and again they live in poverty and at the mercy of Profit driven Corporations such as ACC for much needed medical support.
Only the little people report profits!
Here are Max Keiser and prof. Michael Hudson explaining what that means: