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Thread: Business Insider: Corporations may dodge billions in U.S. taxes through new loophole: experts

  1. #41
    Sage

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    Re: Business Insider: Corporations may dodge billions in U.S. taxes through new loophole: experts

    Quote Originally Posted by Critter7r View Post
    I don't disagree that it is a logical assumption. But it's still an assumption. Being a logical answer doesn't automatically make it a correct one.

    Taxes don't determine pricing in most instances. The market does. Now, if every company making widgets decides to lower their prices because they can afford to take a little less profit based on the fact that those profits are reduced less by lower taxes, then great. And maybe there are a few instances of that happening. I haven't seen it yet. And you haven't provided proof of a connection.

    The BG&E article is about a utility giving back a bunch of money, but they're giving it back because the amount they're allowed to profit is limited by law, so they HAVE to reduce rates by the whole amount of their tax reduction. Also of note, the average BG&E customer will save about $60 per year.
    Taxes dont determine it alone, but its a factor. All I said was that corps saving money is good for consumers. To which MTA said nope, im ignorant.

  2. #42
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    Re: Business Insider: Corporations may dodge billions in U.S. taxes through new loophole: experts

    Quote Originally Posted by Critter7r View Post
    Based on what? The trillions they've been sitting on for the past couple of decades?
    Based on all the case where theyre bringing it back and distributing in various ways. They are not going to sit on it when there is a way to use it to make more money. What other reason would there be?

    https://www.stlouisfed.org/publicati...g-so-much-cash

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