Replies to post #369359 on Tornado Alley (PROG)

[DesertDrifter]

They won’t pass their increased costs back to us...

some will, but it will make them less competitive. eventually, they will realize that giving the executives obscene 7 and 8 figure salaries impacts the bottom line. Employees have been squeezed to poverty, no where left to go there but pay up. the hidden hand of capitalism and competition, eh?

[newmedman]

never forget what I say, or do, it doesn't matter

[DragonBear]

Yeah raising corporate taxes is fine

They won’t pass their increased costs back to us....

If they do, then they will be at a competitive disadvantage to foreign manufacturers. Then we can cry horse shit tears over that.

The alternative is since they lived many years with a 35% tax rate and profited, they need not pass on anything at 28%. Because if they get too greedy, then they lose market share.