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re: Biden team preparing $3T in new spending

Posted on 3/22/21 at 4:48 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37857 posts
Posted on 3/22/21 at 4:48 pm to
quote:

Corporations, who right now are swimming in so much cash that they're lavishing it on management and using it to buy back billions in stock.


Which they will continue to do.

They will raise prices to pay for the corporate tax.

So me and you will pay for it.

Do you have a pension plan or a 401K or an IRA?
Posted by aminhamenina014
Mobile, AL
Member since Mar 2016
80 posts
Posted on 3/22/21 at 4:53 pm to
So all corporations will act as a cartel to raise prices together, so that they can keep their current high margins? That's ridiculous. And if you read the business press, you'll notice that the corporate world isn't exactly kicking and screaming about this. Business benefits from improved infrastructure. The private sector has also been investing heavily in green energy over the last 18 months.

Yes, I have a 401k and do very well financially. What difference does that make?
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