General Discussion
In reply to the discussion: It turns out that people hate rich assholes who threaten to cut back employees' hours [View all]humbled_opinion
(4,423 posts)Taxes and regulations hit industry wide, when every one of your competitors and you take the same hit you all either give up some profit margin and forgo the vacation or new car or whatever out of your own pay because the bottom line is you will have to pay the taxman so what will you all give up and what effect will that have on the general economy? but I already know the answer, you won't be giving up anything in order to pay the increased taxes and regulations nope that isn't going to happen because none of you are altruistic. You are after all capitalists so your operating premise is greed. So my point is valid across the board regulation and tax hikes result in consumers paying more or workers getting laid off or to give your point some credence business finds some more efficient methods and realizes cost savings equal to the tax hike and regulation hit which seriously if that was true why wouldn't you all be finding those cost savings now but I digress. The bottom line that is the capitalist model... Now if government regulated your profit margins that would be a different story but they don't. I would argue they should to stop you greedy capitalists from passing the costs onto the consumers, where is my protection other than I just stop buying your product.