And at what point does passing along tax increases and capital improvements and R&D result in diminishing returns? Look around and you tell me how many companies that this tax will affect are producing more than last year. production and revenue are already down but you say an additional tax will hav e a flat affect on profits.
No, you are the one making that argument when you argued that a carbon tax will have no effect consumption.
The key phrase is "prices will be increased to the maximum the market will bear". Right now and for most likely the next couple years, the market won't be bearing much in the way of increases will it?
So wait a couple years. No problem...
But you get it right?
I certainly do and I am sure Obama's economic team does too which is why I doubt any tax increases will be implemented right away. But tax increases are coming so you might at well get use to the idea and stop getting your panties in such a wad. Jesus, cons did the same thing when Clinton raised taxes and the fricking world didn't come to an end and it won't now. Both business and consumers adjust to taxes and the world will continue to go on. Really, you guys need to get a life...