But...Biden's proposed tax increases haven't happened yet.
It must be something else.
Sometimes when companies know that taxes are going to increase. That they will start gradually increasing the prices, But sometimes when companies know that taxes are going to increase. That they will start gradually increasing the prices, but not on the day of the increase. Like if prices were at $2.05. And then the increased taxes comes that companies just add the increase to the fuel price, that raises the price of fuel from $2.05 to $3.85. If they did it that way, it would shock the customer. That they already planned that week on how much money that they will leave aside for that week. But if they gradually move the price up slowly, it will not surprise the customers at all. That they already saw it coming.
And another thing is that the minimum wage went up which caused transportation and supplies to go up in prices. That the cost of living just went up but more people are out of work and less spending is being done. And oil companies these days hires private contractors. And those that worked for these private contractors were being paid a dollar more than minimum wage before it went up. Now are asking for more.
But oil companies buy products from all parts of this nation and other countries. And if they bought products from Blue controlled states like California. After the wage hike, the prices on those products have gone up.
And fuel companies raise prices on fuel a little in Red states where fuel prices are cheaper. So that blue states will not have to pay so much for fuel because of their dumb politicians. They do that to diesel prices and gasoline prices. Like during weeks before the holidays. They will raise gasoline prices up a little and lower diesel prices a little so that transporting goods will be cheaper. But on the day of the holiday, or a day before the day. That they will switch it around, allowing motorists that are traveling to pay less. But since the transportation of goods slows down. That they will be paying more on those days.
That the stockholders will be receiving the same amount on their check.
And so some states will be making up the difference for other states. and if they do not do that. Then California will be paying $25 per gallon while Texas will only pay $1 per gallon.
The food companies do the same for other states.
like I know someone who bought cigarettes in Oregon. They don't add taxes on their products. But he said the price of their cigarettes without taxes are the same prices in other states with taxes included.
And so basically, Oregon is paying taxes. The cigarette companies is not going to pay their customers taxes.
