Comment on Push to eliminate sales tax on food and groceries in Missouri runs into resistance
bleistift2@sopuli.xyz 3 weeks ago
Tax cuts only benefit corporations. They already price their goods at the maximum that consumers will (read: are able to) pay. Guess what happens if consumers can suddenly pay 10% more because they don’t have to pay 10% tax?
explodicle@sh.itjust.works 3 weeks ago
Paranoidfactoid@lemmy.world 3 weeks ago
No. There is nuance to the tax cut and tax levy argument. Circumstances matter. Cutting taxes on groceries would immediately lower food prices for everyone, the poor included.
spaghettiwestern@sh.itjust.works 3 weeks ago
So the opposite must be true too right? When taxes go way up companies drop their prices to compensate because they only charge what consumers can pay. Oh wait, they didn’t drop their prices at all, did they.
What complete nonsense.
Aatube@kbin.melroy.org 3 weeks ago
well you no longer have to do the off-label calculation