Another Dem surprise, your tax bill will be going up.

[Lesh]

why wouldn’t it? why do you have a problem with a strong economy and people making money?

If that's how you feel...do NOT bitch about high prices or inflation

 

[struth]

If that's how you feel...do NOT bitch about high prices or inflation

inflation eats up profits.

they are the opposite.

 

[Ray From Cleveland]

If that's how you feel...do NOT bitch about high prices or inflation

High prices are what creates inflation and it's not companies making tons of money more than they did before. Inflation is what drives companies to increase prices, particularly with labor and utility costs going through the roof.

 

[struth]

High prices are what creates inflation and it's not companies making tons of money more than they did before. Inflation is what drives companies to increase prices, particularly with labor and utility costs going through the roof.

explaining basic economics to a dembot is pointless

 

[Dragonlady]

Yep, that "anti-inflation" bill will screw us big time.

For someone who calls himself "Thinker101", you really don't seem to do much thinking at all. You just parrot whatever the daily right wing talking point might be.

 

[Dragonlady]

High prices are what creates inflation and it's not companies making tons of money more than they did before. Inflation is what drives companies to increase prices, particularly with labor and utility costs going through the roof.

Then why are all of these corporations booking RECORD profit levels in spite of labor and utility costs going through the roof?????

Bloomberg - Are you a robot?

 

[struth]

Then why are all of these corporations booking RECORD profit levels in spite of labor and utility costs going through the roof?????

Bloomberg - Are you a robot?

because things cost more...thanks to Xiden's inflation policy, and war on the working class

Here's a more recent article for you to review....https://www.morningstar.com/news/marketwatch/20220917247/the-tightening-squeeze-on-corporate-profits-is-the-biggest-risk-to-the-stock-market-right-now

S&P 500's profit margin has shrunk three percentage points over 12 months

The U.S. stock market faces a major threat from shrinking corporate profit margins.

You may not appreciate this threat. It's easy to focus instead on the continued and surprising strength of economic demand, which has translated into a robust (double-digit) growth rate of corporate sales over the last year. But a seemingly modest decline in profit margins can transform strong sales growth into flat or even declining earnings.

The S&P 500's profit margin has declined over the past 12 months. For the second quarter of 2021, for example, that margin stood at 13.54% -- an all-time high. For the second quarter of 2022, the margin is 10.87%, according to S&P Global estimates.

 

[Ray From Cleveland]

Then why are all of these corporations booking RECORD profit levels in spite of labor and utility costs going through the roof?????

Bloomberg - Are you a robot?

I really couldn't tell you because you leftists always post sites with paywalls.

 

[HereWeGoAgain]

It's kinda a zero sum game.

Shareholders or consumers...

You want to fuck over consumers

Bullshit.
It the biden admin thats fucking over the taxpayer.

 

[Dragonlady]

I really couldn't tell you because you leftists always post sites with paywalls.

Free news sites are worth what you pay for them.

 

[Lesh]

Bullshit.
It the biden admin thats fucking over the taxpayer.

How? By taxing corps that are making megs profits?

 

[HereWeGoAgain]

How? By taxing corps that are making megs profits?

That are then distributed to the shareholders.
Here's an idea,buy some stocks of your own and you to can realize a profit.