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Customers still are the one paying those 30% cut. So it's not nice.
by gl-prod 4y ago
Customers still are the one paying those 30% cut. So it's not nice.
- acover 4y agoAre they? Monopolies don't set prices based on marginal costs but on maximizing profit. A 30% tax may very well come out of their profits as raising prices may reduce sales enough to reduce profits.