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Trump's Successful Gambit to Remind Americans of His Incompetence


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Posted
11 minutes ago, placeholder said:

First off, who is going to make up for the lost revenue from corporations? Santa Claus? Why not the reverse? Eliminate taxes on individuals and impose them all on businesses?

In addition you make the implicit assumption that corporations will lower prices in accordance with how much tax relief corporations are granted. The fact is that there's a lot less competition in American than there used to be thanks to lax enforcement of antitrust.

You make the implicit assumption that savings  on labor lowers prices, but scoff at the idea that savings on taxes would lower prices. 

 

How do you square that? 

Posted
2 minutes ago, Will B Good said:

 

.....and give rise to inflation.

With the working poor earning much more. 

 

But I get it, the rich wants cheap strawberries and domestic help, and they don’t really give a fu*k about the poor, except yo virtue signal.

Posted
6 minutes ago, mogandave said:

You make the implicit assumption that savings  on labor lowers prices, but scoff at the idea that savings on taxes would lower prices. 

 

How do you square that? 

First off, you haven't answered the question about how are the revenues lost from taxing corporation to be made up? Santa Claus?

Because I'm talking about the status quo, and you are talking about changing it. But you do have a point., In fact , McDonald's has sued the major meatpackers in America for conspiring to raise the price of beef. This is what happens when antitrust laws aren't enforced. But what also happens when labor costs rise is the corporation use that as an excuse to raise prices.

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Posted
9 minutes ago, placeholder said:

First off, you haven't answered the question about how are the revenues lost from taxing corporation to be made up? Santa Claus?

Because I'm talking about the status quo, and you are talking about changing it. But you do have a point., In fact , McDonald's has sued the major meatpackers in America for conspiring to raise the price of beef. This is what happens when antitrust laws aren't enforced. But what also happens when labor costs rise is the corporation use that as an excuse to raise prices.

You answer my questions, and I’ll answer yours. 

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