And 49 people... like 49 people at the Orlando nightclub. And the 50 people at Las Vegas. Don’t remember the number at Parkland or Santa Fe. Why the same number of casualties in three mass murder events?
How could you forget Parkland? It was 17.
Ichabod1 replied:
Everybody always says this. Companies will raise prices to offset taxes IF THEY CAN but that depends on the elasticity of demand for the product. Some products, if they raise prices, consumers will stop buying or find alternatives for. Then their choices are to cut costs or lose money.
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Thank you very much, Ichabod1, for inserting the science of economics where it is much needed.
Those of us who have been involved in product/marketing/pricing decisions are fully aware the the price elasticity of demand is a REAL THING--a very predictable and dependable result of price changes in the marketplace.
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NOTE to Skypilot: You also make valid points. It is a harsh reality of electoral politics that certain Blue State Taxpayers got the shaft ... sort of a triage effect ... but also hoping the capitalist voters such as yourself will take back their states ... eventually ... sigh.
And 49 people... like 49 people at the Orlando nightclub. And the 50 people at Las Vegas.