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submitted 1 year ago by tintory@lemm.ee to c/world@lemmy.world
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[-] Croquette@sh.itjust.works 6 points 1 year ago

People are already paying for these costs increase, so the companies will pocket the tax cut and tout their record profits.

As we've seen after the pandemic when the inflation was soaring, companies rose their prices to keep their margin as they were instead of taking a hit on their profit.

Under the current state of capitalism, if a company isn't making the maximum profit, that company is failing.

this post was submitted on 31 Aug 2023
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