Taxing The Rich Will Kill Jobs... BULLSHIT

[Hot Mega]

So sorry, I forgot about the politicians Where did I say that all people earning over such and such an amount were businesses?
.

You said thisvvvv

Mikey, if we raise taxes on the rich, they're simply going to offset those increases by raising the the prices of the goods and services they offer... get it? ...your foodstamps would suddenly lose value.

Apparently you either don't know the difference or didn't understand the implication of your statement. The 'rich' can't pass on costs if they have no business associated with their income and some businesses might depending on their business model and margins....get it?:Face-palm:

..Business 101... if you raise income taxes on the wealthy, they either A) raise prices across the board on the goods and services they sell (as do their competitors - there goes your ''demand elasticity'') OR
B) They simply pack up shop and get the hell out of their business/ wealthy income hostile environment and relocate or offshore their operations... Now what the fuck are you gonna do, if businesses pack up (like many have already done in business hostile democrap party dominated California... a once promising destination for businesses ) you've just increased the ranks of the unemployed and you also lost more of your tax base! Now what, megy, readjust your 250K down to 100k - 80k+ in order to meet the demands of the needy populace?

..Sorry, bad plan, trim govt overexpenditures instead, kick the habit! ...after all, the government does not create the wealth and prosperity req'd to pay down the costs of your social spending spree, the private sector does... that is, the ever dwindling private sector, thanks to the business hostile party of stubborn jackass(es).

Conclusion: You don't know DICK about business... That is the quintessentially ignorant, panned, wrong understanding.....

Generally a business sells their good or service for what the market will bear.

You have a fundamental misunderstanding of price elasticity of demand (PED) if you think the price of a good or service is solely determined by operating costs. In other words, if you're a smart business owner you don't willy nilly jack up prices just because your operating costs go up somewhat.

You naively believe a business would be driven by some set margin and any affect on that margin causes them to willy nilly jack up prices.

If that were true Face, why doesn't a smart business jack up prices when they experience losses.

Wouldn't a loss have the same effect of an increase in operating costs in real time (meaning of course there are tax implications for experiencing a loss but that won't help you with inventory next quarter)?:1orglaugh:1orglaugh

 

[Hot Mega]

Conclusion: You don't know DICK about business... That is the quintessentially ignorant, panned, wrong understanding.....

Generally a business sells their good or service for what the market will bear.

You have a fundamental misunderstanding of price elasticity of demand (PED) if you think the price of a good or service is solely determined by operating costs. In other words, if you're a smart business owner you don't willy nilly jack up prices just because your operating costs go up somewhat.

You naively believe a business would be driven by some set margin and any affect on that margin causes them to willy nilly jack up prices.

If that were true Face, why doesn't a smart business jack up prices when they experience losses.

Wouldn't a loss have the same effect of an increase in operating costs in real time (meaning of course there are tax implications for experiencing a loss but that won't help you with inventory next quarter)?:1orglaugh:1orglaugh

Re: Jacking up prices....

Higher Netflix prices equals fewer subscribers


SAN FRANCISCO (AP) -- Netflix's decision to raise prices by as much as 60 percent is turning into a horror show.

The customer backlash against the higher rates, kicking in this month, has been much harsher than Netflix Inc. anticipated. That prompted management to predict Thursday that the company --the largest U.S. video subscription service-- will end September with 600,000 fewer U.S. customers than it had in June.

It will mark just the second time in 12 years that Netflix has lost subscribers from one quarter to the next. The last downturn occurred during 2007 when Netflix lost a mere 55,000 from March through June.

The current hemorrhaging exacerbated fears that Netflix is losing the magic touch that increased its stock 10-fold in the three years leading up to the company's July 12 announcement about its higher prices.

Since then, Netflix has turned into Wall Street's equivalent of a box-office flop. Its shares plunged $39.46, or about 19 percent, to close at $169.25 on Thursday, leaving Netflix's stock price more than 40 percent below where it stood before the company unveiled the higher prices. The cost to shareholders so far: more than $6 billion in paper losses.

http://finance.yahoo.com/news/Higher-Netflix-prices-equals-apf-1466852939.html?x=0&.v=8

 

[Will E Worm]

..Business 101... if you raise income taxes on the wealthy, they either A) raise prices across the board on the goods and services they sell (as do their competitors - there goes your ''demand elasticity'') OR
B) They simply pack up shop and get the hell out of their business/ wealthy income hostile environment and relocate or offshore their operations... Now what the fuck are you gonna do, if businesses pack up (like many have already done in business hostile democrap party dominated California... a once promising destination for businesses ) you've just increased the ranks of the unemployed and you also lost more of your tax base! Now what, megy, readjust your 250K down to 100k - 80k+ in order to meet the demands of the needy populace?

Yes :clap:

The customer backlash against the higher rates, kicking in this month, has been much harsher than Netflix Inc. anticipated. That prompted management to predict Thursday that the company --the largest U.S. video subscription service-- will end September with 600,000 fewer U.S. customers than it had in June.

Excellent

:elaugh: