[lbo-talk] Kerry's Tax Cut Makes Me Wanna Ralph

Michael Perelman michael at ecst.csuchico.edu
Fri Apr 2 13:12:24 PST 2004


Doesn't that suggest that corps. cannot pass on tax hikes?

On Fri, Apr 02, 2004 at 12:58:07PM -0500, Doug Henwood wrote:
>
> The business press is full of tales of how companies can't raise
> prices. The car industry, once the paradigmatic oligopoly, is facing
> rising steel prices, but is unable to raise prices - in fact, 0%
> financing and other sales incentives have been increasing. Despite
> rising fuel prices, airlines have been unable to raise prices. Profit
> pressures in both industries are immense. It's not 1965 anymore,
> despite this:
-- Michael Perelman Economics Department California State University Chico, CA 95929

Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu



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