September 17, 20241 yr On 9/15/2024 at 4:05 PM, 20dawk4life said: Toilet paper. On 9/15/2024 at 5:48 PM, BBE said: All of them. You don’t think toilet paper sellers would raise the price of toilet paper by 10-15% right now without a tariff and keep the money if they would still sell the exact same amount?
September 17, 20241 yr 1 minute ago, MidMoFo said: You don’t think toilet paper sellers would raise the price of toilet paper by 10-15% right now without a tariff and keep the money if they would still sell the exact same amount? What the hell are you even talking about? It is ridiculous to say that on one hand tariffs will increase the cost of goods to a consumer, but an increase in corporate tax rate would not.
September 17, 20241 yr 4 minutes ago, BBE said: What the hell are you even talking about? It is ridiculous to say that on one hand tariffs will increase the cost of goods to a consumer, but an increase in corporate tax rate would not. Sure, suppliers would raise the price and blame it on a tariff, corporate tax hike, fuel costs, trucking cost, shortages… any reason they can come up with… but if you believe in the free market, pricing would then readjust to the price that makes the most money. That’s why businesses sell things… to make as much profit as possible, right? So if they raise the price by 10% and sales go down, what are they going to do next?
September 17, 20241 yr 40 minutes ago, MidMoFo said: Sure, suppliers would raise the price and blame it on a tariff, corporate tax hike, fuel costs, trucking cost, shortages… any reason they can come up with… but if you believe in the free market, pricing would then readjust to the price that makes the most money. That’s why businesses sell things… to make as much profit as possible, right? So if they raise the price by 10% and sales go down, what are they going to do next? The issue you present is that increased profit results in increased tax liability and that creates a slightly more complex situation than simple supply and demand. Price can go up, production rates can go down, personnel reductions all are in play.
September 17, 20241 yr 4 minutes ago, BBE said: The issue you present is that increased profit results in increased tax liability and that creates a slightly more complex situation than simple supply and demand. Price can go up, production rates can go down, personnel reductions all are in play. And they always will be, but if the market for ANY product could be marked up 10% and demand would stay the same, the price would already be marked up 10%.
September 17, 20241 yr 2 minutes ago, MidMoFo said: And they always will be, but if the market for ANY product could be marked up 10% and demand would stay the same, the price would already be marked up 10%. And if the entire market goes up 10%, 20%, or more the demand stays relatively unaffected. Look at where we are now.
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