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A scenario: Daddy Warbucks learns that the government is raising corporate taxes. He goes and tells his workers the government has cut their pay. He has no cho
by DFHippie 5y ago
A scenario:
Daddy Warbucks learns that the government is raising corporate taxes. He goes and tells his workers the government has cut their pay. He has no choice. Business necessity.
Daddy Warbucks learns that the government has cut corporate taxes. He pockets the windfall.
There is some business logic behind this: if the windfall is temporary, he doesn't want to raise salaries. That would be difficult to undo if the tax rates go back up. And whether this is the logic that actually motivates his decision hardly matters. Who can know what is in his heart? Even he doesn't. This helps him sleep at night. When he harms others his hand has been forced. When he helps other it proves his essential goodness. Fundamental attribution error FTW!
- imtringued 5y agoThe logic is that the unions are dead and workers have no bargaining power to demand a raise even with the tax cut.