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The time is now 7:19 am
You last visited
June 8, 2026, 7:45 pm
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Comments
Say it cost the co. $5 to make a product and it sells it for $6, they make a $1 profit.
The gov't raises their taxes so it now costs the co. $6 to make each item. If they want to keep making the same $1 profit as before, they will have to raise the price $1 to make up for the tax increase. Which means now you will have to pay $7 for the same item which used to cost you $6.
Raise their taxes so their products become more expensive for everyone.
Brilliant idea.
https://taxfoundation.org/biden-budget-taxes/
https://taxfoundation.org/biden-administration-tax-proposals/#:~:text=President%20Biden%20proposed%20a%207,run%20and%20eliminate%20542%2C000%20jobs.
When Trump lowered taxes inflation was way down, Biden raises taxes and inflation went up. Here's the proof. https://www.usinflationcalculator.com/inflation/current-inflation-rates/
When are you dems ever going to wake up to this?
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