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Psaki: Businesses Won’t Raise Prices If We Raise Taxes
Posted on 3/19/21 at 10:46 am
Posted on 3/19/21 at 10:46 am
quote:
During an interview aired on Thursday’s “MSNBC Live,” White House Press Secretary Jen Psaki reacted to concerns that corporations will raise prices if taxes on corporations are increased by stating that President Joe Biden believes people “know that corporations do not need to raise the cost of goods in order to pay more taxes and pay more of their fair share.”
Host Hallie Jackson asked, “Of course, he could only do so much if corporations end up raising prices on things if they end up having a tax hike as well, right?”
Psaki responded, “He also believes that the American people are smart. They’re invested in this. They’re going to pay attention and that they know that corporations do not need to raise the cost of goods in order to pay more taxes and pay more of their fair share.”
LINK
Posted on 3/19/21 at 10:47 am to jatilen
Time to circle back to economics class.
Posted on 3/19/21 at 10:47 am to jatilen
Perfect propaganda positioning - when prices do in fact go up, the Biden Admin can point the finger of blame at "dirty greedy Corporations" - They didn't need to raise prices! They're just GREEDY !
Posted on 3/19/21 at 10:48 am to jatilen
Good heavens liberals are economically stupid.
Posted on 3/19/21 at 10:48 am to jatilen
When and how did we let our government become filled with IDIOTS? Shame on US!!
Posted on 3/19/21 at 10:49 am to jatilen
quote:
He also believes that the American people are smart
No, not really.
Posted on 3/19/21 at 10:49 am to jatilen
This is a great conversation starter.
In response we will hear a hundred right wingers who defended Trump imposing tariffs (taxes) on the majority of our economy assert that resetting business taxes to about what they were before Trump will kill the economy.
In response we will hear a hundred right wingers who defended Trump imposing tariffs (taxes) on the majority of our economy assert that resetting business taxes to about what they were before Trump will kill the economy.
Posted on 3/19/21 at 10:49 am to Champagne
Is she from the planet Moronus?
Posted on 3/19/21 at 10:50 am to jatilen
This "administration" is a bigger joke than many of us thought it'd be.
They're pushing people into a corner.
They're pushing people into a corner.
Posted on 3/19/21 at 10:50 am to TBoy
quote:
In response we will hear a hundred right wingers who defended Trump imposing tariffs (taxes) on the majority of our economy assert that resetting business taxes to about what they were before Trump will kill the economy.
What products were we taxed on and how much was the increase on daily products used by the public?
Posted on 3/19/21 at 10:51 am to jatilen
She probably has My Little Pony bed sheets, too.
Posted on 3/19/21 at 10:51 am to jatilen
Well technically, they don’t have to raise prices. They could also recoup the costs through layoffs, cuts in benefits, etc.
Posted on 3/19/21 at 10:52 am to jatilen
Sad thing is, biden shite for brains, psaki tow the line and the media truly believe this.
Posted on 3/19/21 at 10:52 am to jatilen
I still think the biggest edge to attack corporate tax hikes is that they are actually taxing everyone's retirement plans (401k, IRA, Pensions) as the majority of these retirement vehicles are heavily invested in corporations.
Posted on 3/19/21 at 10:52 am to TBoy
quote:
This is a great conversation starter.
It is. It usually demonstrates people have no standards other than politics and no ability to introspect.
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