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Companies already talking about starting to raise prices
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Crowcrick
Posted 11/19/2024 07:11 (#10973348 - in reply to #10972903)
Subject: RE: Companies already talking about starting to raise prices


Getting corporation and the executives that decide to move production overseas is a matter of political will and tax policy.

The CBO, IRS, and Tax policy Institute, all state that only about 31% of corporate tax increases can be passed onto the consumer. But that tariffs are 100% paid for by the consumer.

So taxing the corporation's and the executives who have their pay tied to share options is a far better system than tariffs, but then again anybody with half a brain has understood this for decades.
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