• i_am_not_a_robot
      link
      fedilink
      English
      arrow-up
      16
      ·
      1 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.

    • Croquette@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      6
      ·
      1 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.

    • Croquette@sh.itjust.works
      link
      fedilink
      English
      arrow-up
      2
      ·
      1 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.