 |
|
That is simply not true at all
Posted on: May 4, 2021 at 12:10:01 CT
BigDave MU
Posts:
8292
Member For:
25.95 yrs
Level:
User
M.O.B. Votes:
0
Prices are never set at the exact intersection of the supply and demand curves, and those lines are always moving anyway. We're talking about something that would be an overall small increase in prices, so it is not likely to have any effect on demand.
Just one example. When the price of oil goes up, do prices at the pump go up? You betcha they do. Almost instantly in fact. So why don't they just charge more for the gas in the first place like you say they do? Because that is not how business works.
When costs go up, so do prices. It's the way it works.
Now, you can say the price increase is small so it's no big deal. OK. But the reality is the $400 billion (or whatever) in new taxes is really going to be paid by the consumers at the end of the day. It's an indirect tax increase on the working man. There's no way around it.
Just one example. When the price of oil goes up, do prices at the pump go up? You betcha they do. Almost instantly in fact. So why don't they just charge more for the gas in the first place like you say they do? Because that is not how business works.
When costs go up, so do prices. It's the way it works.
Now, you can say the price increase is small so it's no big deal. OK. But the reality is the $400 billion (or whatever) in new taxes is really going to be paid by the consumers at the end of the day. It's an indirect tax increase on the working man. There's no way around it.
Please explain why this message is being reported.
MESSAGE THREAD
That is simply not true at all - BigDave MU - 5/4 12:10:01