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re: Dividend stocks and DRIPs as a long term investment vehicle

Posted on 6/24/13 at 7:58 pm to
Posted by Chris Farley
Regulating
Member since Sep 2009
4180 posts
Posted on 6/24/13 at 7:58 pm to
I'm just having a hard time making the connection between a company paying more in taxes and making more in profits at the same time. I get that smoking is inelastic and growing globally but this sentence:
quote:

That's why smoking rates have declined dramatically and profits continue to go up.


perplexes me.
Posted by ThaBigFella
baton rouge
Member since Apr 2006
2043 posts
Posted on 6/24/13 at 8:00 pm to
bc they raise the prices of cigarettes drastically.....if you're hooked, what are you gonna do?

If they triple the price of coke, you'll move on and not care. Being addicted to something is tough to explain, ask a crack addict I can't explain it to you.Have you seen a smoker try to stop? The shake, they sweat, they can't sleep, its a force beyond explanation.

and the company doesn't pay more in taxes, the consumers do.
This post was edited on 6/24/13 at 8:02 pm
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