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To: nopardons

Actually, what I said is true.

Not because corporations have a big heart and would pass the savings to consumers.... business does not work that way.

They would lower prices because their competitors would lower theirs.

Let’s say a widget costs 10 bucks. And after the corp tax goes to zero one company keeps on selling them for 10 bucks... they will soon be defunct because other companies will be selling widgets at a new, lower price.

It’s competition that would force the tax cut to be passed on to consumers. Anyone with a brain can readily see that this is true.


492 posted on 11/03/2017 6:27:13 PM PDT by Bobalu (The NFL, Watching their demise is more fun than watching their games.)
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To: Bobalu
You are assuming things that shan't happen.

WHY ?

Is the new iPhone X cheaper than the older ones/cell phones from other companies? NO !

T.V.s are cheaper ( in revised money )than they were in the late 1940s,yes; but that has nothing at all to do with competing companies.

And corporations' taxes are NOT going to 0!

496 posted on 11/03/2017 7:35:36 PM PDT by nopardons
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