3 Jun 2025 12:23 pm
You say that as if I give a **** what AI has to say, son.Fuelman » 03 Jun 2025, 12:07 pm » wrote: ↑ You left out one little detail. AI says you were too stupid to even ride the short bus.
Corporate taxes are a direct expense for companies. A higher tax rate means a larger portion of their earnings goes towards taxes, leaving less as after-tax profit.
You do understand it's in beta testing, yes? That's it's experimental? Ever heard the acronym GIGO?
Companies don't do ****. Owners do. And owners are taxed on total income - not on "profits." Many owners of companies have trusts, stocks, real estate, venture capital at play - what have you. Their INCOME tax and their PROFITS at a given company are two distinct things.Fuelman » 03 Jun 2025, 12:07 pm » wrote: ↑ How the company responds: To mitigate the impact of higher taxes, businesses may:Increase prices: Pass on the higher cost of doing business to consumers through higher prices.Reduce costs: Look for ways to cut expenses, which could include slowing wage growth or reducing investments.Lower returns to shareholders: Result in less money available for dividends or share buybacks, impacting shareholders.
The wealthy have - and you can google this - boutique "loopholes" (you wanna use that word when you google) that allow them to pay taxes far, far below the nominal rate.Throughout our nation's history with the income tax, the highest earners have paid far, far below the nominal rate. And they didn't do this - as you suggest - by raising prices and making MORE profit. They did this by write-offs. By loopholes THEY wrote and had snuck into larger bills.
Raising prices on their goods will disadvantage them in the market and RAISE - not lower - their taxes, duh.
When you complain, ur friends roll their eyes and ur enemies rejoice
"Because I SAY I am" is a todler's tantrum, not "science"
You cannot betray me - only yourself, to me.
Who cuts off your dick is not a friend
An opinion you won't defend is not your own
Humanity's Law of the Jungle: Survival NOT of the fittest, but of the tribe
When peeing in the pool, stand on the edge
If gender is not sex, why should a gender claim change what sex you shower with?
"Because I SAY I am" is a todler's tantrum, not "science"
You cannot betray me - only yourself, to me.
Who cuts off your dick is not a friend
An opinion you won't defend is not your own
Humanity's Law of the Jungle: Survival NOT of the fittest, but of the tribe
When peeing in the pool, stand on the edge
If gender is not sex, why should a gender claim change what sex you shower with?