• @[email protected]
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      141 year ago

      Tax increases are passed on to the people. Tax cuts are passed on to the wealthy. I’m American so I should know.

    • Carighan Maconar
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      141 year ago

      this in theory drops the price of domestic goods

      Yeah but that’s the specific part where this falls apart.

    • @[email protected]
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      61 year ago

      People are already paying for these costs increase, so the companies will pocket the tax cut and tout their record profits.

      As we’ve seen after the pandemic when the inflation was soaring, companies rose their prices to keep their margin as they were instead of taking a hit on their profit.

      Under the current state of capitalism, if a company isn’t making the maximum profit, that company is failing.

    • @[email protected]
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      21 year ago

      People are already paying for these costs increase, so the companies will pocket the tax cut and tout their record profits.

      As we’ve seen after the pandemic when the inflation was soaring, companies rose their prices to keep their margin as they were instead of taking a hit on their profit.

      Under the current state of capitalism, if a company isn’t making the maximum profit, that company is failing.