• Croquette@sh.itjust.works
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    1 year ago

    People are already paying for these costs increase, so the companies will pocket the tax cut and tout their record profits.

    As we’ve seen after the pandemic when the inflation was soaring, companies rose their prices to keep their margin as they were instead of taking a hit on their profit.

    Under the current state of capitalism, if a company isn’t making the maximum profit, that company is failing.

    • gowan@reddthat.com
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      1 year ago

      If the company could make up for the change in price with an increase in volume they could drop the price. If a competitor drops the price they will likely drop the price at least in theory.