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surely consumer prices have fallen dramatically in the past year, what with all of these newly-undertaxed companies passing on the savings

Posted by: professor zovek (a.k.a mickpix) on Jun 03, 11:37 in response to Antibody's post There's nothing illogical about companies doing what's...

to the individual customers

https://www.cnbc.com/2019/05/31/personal-income-and-spending-april-2019.html

Please 'splain your logic: The same people who say tariffs are a tax on individuals because companies will just pass them on forlorne Jun 03, 11:08

You think they use logic? {nm} PhoneHome Jun 03, 11:16

There's nothing illogical about companies doing what's best for itself and its shareholders. {nm} Antibody Jun 03, 11:32

surely consumer prices have fallen dramatically in the past year, what with all of these newly-undertaxed companies passing on the savings professor zovek Jun 03, 11:37

Let's hope not. Deflation is far worse than inflation. {nm} PhoneHome Jun 03, 11:53

That was never a goal of reducing taxes. It will help maintain prices in a period where there will be upward pressure on wages due to low PhoneHome Jun 03, 12:04

Companies are mainly using their tax reductions to buy back stock and options... Lukasck Jun 03, 13:31

That's quite simplistic, but why do you believe stock buyback is inherently bad? The other thing y'all are missing is maybe no one pays forlorne Jun 03, 13:55

Where did I say buyback is bad??? I'm just saying corporations are using their tax reductions to buy back stock and options... Lukasck Jun 03, 14:26

Also funny that you say tariffs are just passed on to consumers, then gripe that corporations don't pay enough taxes. forlorne Jun 03, 14:00

What's funny is you coming up with these false equivalence. {nm} Antibody Jun 03, 14:17

What specifically is false about them? Corporations pass on tariffs to consumers (true unless they find a different source), yet forlorne Jun 04, 09:59

Corporate taxes are on companies' profits. They don't give their extra profits to consumers. What's the contradiction? {nm} Antibody Jun 04, 10:26





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