I'm not sure what country you live in but here in the US there was a major corporate tax cut and I didn't see any prices go down.
/——-/ Well, if you didn’t see it then it never happened. You are the board expert on how corporations set their pricing. But how do you think corporations treat overhead.
I didn't see anything that said prices fell after the tax cut, did you?
I'm not sure what country you live in but here in the US there was a major corporate tax cut and I didn't see any prices go down.
/——-/ Well, if you didn’t see it then it never happened. You are the board expert on how corporations set their pricing. But how do you think corporations treat overhead.
I didn't see anything that said prices fell after the tax cut, did you?
/——-/ The companies are free to use the tax cut anyway they want. Reducing prices is one, however raising taxes will cause them to include that increased tax in their overhead. Why can’t you understand that simple concept.
Get a clue, will ya?
Are Most Corporate Tax Hikes Passed on to Consumers? - Financial Web
“Furthermore, there are many times when a tax hike increases costs for the corporation and those higher costs are passed along to the consumer – in the form of higher prices for products and services.”
So, they eat it, just like we have to.
If they pass to much of their taxes on to the consumer, guess what?
They won't have many return customers.
If corporations want to profit from doing business in America, they can kick in to support it, just like we do.
Like another commenter stated, did corporations lower prices after receiving all those tax cuts, give their employees a raise or open new location?
No.
May 17 2018
We’re starting to learn what America’s biggest companies are doing with the huge windfalls from President Donald Trump’s tax cuts. And the answer is great for investors – but not so great for workers.
That’s because many companies are returning huge portions of their billions in tax savings to shareholders in the form of share buybacks and dividend increases — not necessarily new hiring and investment.
Companies are on track to plow a record $1 trillion into boosting dividends and buying back their own stock this year, says Howard Silverblatt, senior index analyst S&P Dow Jones Indices.
Buybacks are a strategy to boost stock prices – by reducing the number of shares outstanding, which artificially increases a company’s earning per share. But they do little to improve the economy.
money.com › companies-spending-trump-tax-cuts
"Tax cuts are passed onto the consumer" is the reason given for the past 40 years of not raising or raising the corporate tax rate.
As effective as corporate tax cuts "pay for themselves".