What do you think happens when you increase the costs (taxes) of companies. They do a combination of three things.
1. They increase their prices(inflationary);
2. They reduce their costs (your wages) and investment(lowers demand for workers); and/or,
3. Shareholders make less(reduces investment hurting economy).
PWBM estimates that the Inflation Reduction Act impact on inflation is statistically indistinguishable from zero.
No comments:
Post a Comment