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I don't understand this logic, what would the higher tax accomplish?
by bryanh 15y ago
I don't understand this logic, what would the higher tax accomplish?
- suivix 15y agoPunishing the greedy capitalists?
- delinka 15y agoOr adding yet another hike to your internet bill. Do you really think taxes prevent companies from going up on prices? Of course not. It won't affect their profits at all. They'll just charge customers more to offset the tax.
- tomjen3 15y agoAs it is there is no incentive for the companies to not try to get a subsidy and every incentive to try to get it. If congress makes the habit of slamming those companies which seeks subsidies with a tax, it will mean that companies have an incentive to shut up and compete on the open market. This will improve the US economy and lower the deficit.