Psaki: It’s ‘Unfair And Absurd’ That Companies Would Raise Costs For Consumers Due To Higher Taxes

 Spoken like someone who has never managed the costs of running a business.

Profit = price - costs
Costs include but are not limited to: employees, certifications, facility mortgages, materials, gas, electricity, and taxes.
Profit is becoming a demonized word, but the reality is if a company cannot make a profit then it cannot provide employment opportunities and it cannot provide goods and services to people in the local community.
Most companies in the US. only make 8% profit. (1)
With such a slim margin, if any of the above costs go up, then the average company has no choice but to raise prices just to stay afloat.
It is absurd that the administration does not get such basic economics

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