White House Press Secretary Jen Psaki claimed during Monday’s press briefing that it would be “unfair and absurd” for companies to raise costs on consumers in response to the Biden administration raising the corporate tax rate.
Psaki made the remarks during the following interaction with a reporter.
Companies and consumers will each bear a share of the increase. Psaki didn’t take econ, I guess. But neither did most of the bored.
Share?
If a company has goals to maintain say 8% after tax margins, they are going to keep 8% after tax margins. Companies will continue their post tax margin, while consumers pay.
The dazzler has a pretend MBA and a few months ago was arguing that taxes had no impact on company investment decisions despite the fact that after-tax cash flow analysis is the key driver of investment decisions. It's like arguing that an increase in the sales tax rate won't and shouldn't impact the cost of a retail product to the consumer. Sure.
Companies and consumers will each bear a share of the increase. Psaki didn’t take econ, I guess. But neither did most of the bored.
Share?
If a company has goals to maintain say 8% after tax margins, they are going to keep 8% after tax margins. Companies will continue their post tax margin, while consumers pay.
The dazzler has a pretend MBA and a few months ago was arguing that taxes had no impact on company investment decisions despite the fact that after-tax cash flow analysis is the key driver of investment decisions. It's like arguing that an increase in the sales tax rate won't and shouldn't impact the cost of a retail product to the consumer. Sure.
Companies and consumers will each bear a share of the increase. Psaki didn’t take econ, I guess. But neither did most of the bored.
Share?
If a company has goals to maintain say 8% after tax margins, they are going to keep 8% after tax margins. Companies will continue their post tax margin, while consumers pay.
The dazzler has a pretend MBA and a few months ago was arguing that taxes had no impact on company investment decisions despite the fact that after-tax cash flow analysis is the key driver of investment decisions. It's like arguing that an increase in the sales tax rate won't and shouldn't impact the cost of a retail product to the consumer. Sure.
Gasbag confuses different notions a lot.
Well, you knew that, of course
Wasn't me with a pretend MBA that was arguing that the taxes were not a a factor in investment decisions. It wasn't me that voted for a dementia patient that is bought and paid for by the chicoms and is arguing that $3.5 trillion in new welfare spending won't cost nothing.
I actually agree with HHusky. Both consumers and corporations will share the burden. Because it's okay to fuck over everyone as long as it also fucks over corporations. When everyone loses, society wins.
Ask me how I know most of you girls never took econ--or at least didn't pass.
Why?
You're an economic moron
Yet I’m better educated, better looking, and richer than you all. I guess there’s no justice in this life.
I would challenge you on every single point here, and win them all. Plus I can guarantee you I've had dozens more top shelf pieces of trim. My cast offs would be your high water mark. Don't puff your chest around here dingdong. I crush your life in every available metric starting with dick size and ending with net worth. GTFO
Supply and demand curves are a great tool for a snap shot in price increases for a specific company. But when an entire sector increases prices, it will most likely bend the curve.
Supply and demand curves are a great tool for a snap shot in price increases for a specific company. But when an entire sector increases prices, it will most likely bend the curve.
Supply and demand curves are a great tool for a snap shot in price increases for a specific company. But when an entire sector increases prices, it will most likely bend the curve.
I have a degree in mathematics as everybody knows amongst a few others I use far more often …
Pretty sure I don’t need the Econ 101 refresher
Odd you quarreled with my entirely correct statement then.
You think that you’re smart because you throw out supply/demand curves and cite price elasticity
Problem when you throw elements into the equation that results in high inflationary pressures you aren’t painting the full picture because what happens is you get shifts in those curves
For example, the current supply chain and input issues throughout the system leading to high levels of inflation isn’t changing anything with respect to demand … but it is causing the supply curve to shift and as a result your intersection point results in higher prices at prior levels
This is where most people fall short when they think they understand this shit but the reality is they don’t … they do a great job when the variables are static … but variables are rarely static so you have to understand the impact of changing variable before you start talking about your static works again
Comments
This is one of your worst
https://www.cs.cmu.edu/~ref/econ101e.html
Well, you knew that, of course
edit: Never letting him live it down either. The day HHusky told us he was better at everything than everyone here. What a fucking doofus.
This limp dick administration has zero muscle
Pretty sure I don’t need the Econ 101 refresher
Problem when you throw elements into the equation that results in high inflationary pressures you aren’t painting the full picture because what happens is you get shifts in those curves
For example, the current supply chain and input issues throughout the system leading to high levels of inflation isn’t changing anything with respect to demand … but it is causing the supply curve to shift and as a result your intersection point results in higher prices at prior levels
This is where most people fall short when they think they understand this shit but the reality is they don’t … they do a great job when the variables are static … but variables are rarely static so you have to understand the impact of changing variable before you start talking about your static works again