“Its double taxation. You pay your income taxes, and then when you buy GE product a component of the price is to cover their corporate income tax”
I can see the double taxation, just not the predictability of an income tax like other costs have, but I guess an estimate could be made and then some of it passed on.
They have whole floors full of accountants with utilities that model costs, demand, and profits as different factors, like taxes, change. They have to try to pick the price point that give them the best profit. So, hell yeah they’ll try to pass them on if they can, but if they see that raising price to cover the new cost makes demand go way down, they won’t do it - they’ll have to eat it.