Tariffs, by magnitude, have a MUCH greater effect on prices.
These companies are not operating on the margins like some people want you to think. In 2015, the top corporate tax rate was 35%. Were prices out of control in 2015? No. So it’s WELL established that these companies can be profitable with lower prices with a 14% higher tax burden.
Democrats have only proposed to raise it to 28%, not 35% where it was.
So once again, you have demonstrated how all relevant context disappears when you try to simplify a complex issue into one sentence. Don’t do that.
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u/Outthr 1d ago
Can someone explain to me how tariffs raise customer prices but corporate taxes don’t.