No, the price increases to account for the tax burden.

Old price + tax increase= new selling price. Unless you are selling luxury goods, they eat the tax out of their profit margin.

For most companies, they still maintain the same profit margin.

The only reason it lowers their overall profits is because they sell less due to higher prices. But you, the consumer are still paying the corporate tax.

I have a degree in supply chain management and data analytics. I know what I am talking about, and you are wrong. You need to study elasticity and how it affects price of goods with taxation.

For example: Milk. Milk is a staple item and a change in cost will not see a change in demand. Milk is inelastic.

New watches. Watches are a luxury and a tax increase would lead consumers to forgo buying a watch or buying a cheaper brand. Thus, the company would eat the tax increase out of their profit margin in order to maintain sales. Watches are elastic.

All of this is still not taking into account the dead-weight loss that occurs with taxation.

No, the price increases to account for the tax burden.

Old price + tax increase= new selling price. Unless you are selling luxury goods, they eat the tax out of their profit margin.

For most companies, they still maintain the same profit margin.

The only reason it lowers their overall profits is because they sell less due to higher prices. But you, the consumer are still paying the corporate tax.

I have a degree in supply chain management and data analytics. I know what I am talking about, and you are wrong. You need to study elasticity and how it affects price of goods with taxation.

For example: Milk. Milk is a staple item and a change in cost will not see a change in demand. Milk is inelastic.

New watches. Watches are a luxury and a tax increase would lead consumers to forgo buying a watch or buying a cheaper brand. Thus, the company would eat the tax increase out of their profit margin in order to maintain sales. Watches are elastic.

No, the price increases to account for the tax burden.

Old price + tax increase= new selling price. Unless you are selling luxury goods, they eat the tax out of their profit margin.

For most companies, they still maintain the same profit margin.

The only reason it lowers their overall profits is because they sell less due to higher prices. But you, the consumer are still paying the corporate tax.

I have a degree in supply chain management and data analytics. I know what I am talking about, and you are wrong. You need to study elasticity and how it affects price of goods with taxation.

For example: Milk. Milk is a staple item and a change in cost will not see a change in demand. Milk is inelastic.

New watches. Watches are a luxury and a tax increase would lead to consumer to forgo buying a watch. Thus, the company would eat the tax increase out of their profit margin in order to maintain sales. Watches are elastic.

No, the price increases to account for the tax burden.

Old price + tax increase= new selling price. Unless you are selling luxury goods, they eat the tax out of their profit margin.

For most companies, they still maintain the same profit margin.

The only reason it lowers their overall profits is because they sell less due to higher prices. But you, the consumer are still paying the corporate tax.

I have a degree in supply chain management and data analytics. I know what I am talking about, and you are wrong. You need to study elasticity and how it affects price of goods with taxation.

For example: Milk. Milk is a staple item and a change in cost will not see a change in demand. Milk is inelastic.

New watches. Watches are a luxury and a tax increase would lead to consumer to forgo buying a watch. Thus, the company would eat the tax increase out of their profit margin. Watches are elastic.

No, the price increases to account for the tax burden.

Old price + tax increase= new selling price. Unless you are selling luxury goods, they eat the tax out of their profit margin.

For most companies, they still maintain the same profit margin.

The only reason it lowers their overall profits is because they sell less due to higher prices. But you, the consumer are still paying the corporate tax.

I have a degree in supply chain management and data analytics. I know what I am talking about, and you are wrong. You need to study elasticity and how it affects price of goods with taxation.

For example: Milk. Milk is a staple item and a change in cost will not see a change in demand. Milk is inelastic.

New cars: watches. Watches are a luxury and a tax increase would lead to consumer to forgo buying a watch. Thus, the company would eat the tax increase out of their profit margin. Watches are elastic.

No, the price increases to account for the tax burden.

Old price + tax increase= new selling price. Unless you are selling luxury goods, they eat the tax out of their profit margin.

For most companies, they still maintain the same profit margin.

The only reason it lowers their overall profits is because they sell less due to higher prices. But you, the consumer are still paying the corporate tax.

I have a degree in supply chain management and data analytics. I know what I am talking about, and you are wrong. You need to study elasticity and how it affects price of goods with taxation.

No, the price increases to account for the tax burden.

Old price + tax increase= new selling price. Unless you are selling luxury goods, they eat the tax out of their profit margin.

For most companies, they still maintain the same profit margin.

The only reason it lowers their overall profits is because they sell less. But you, the consumer are still paying the corporate tax.

I have a degree in supply chain management and data analytics. I know what I am talking about, and you are wrong. You need to study elasticity and how it affects price of goods with taxation.

No, the price increases to account for the tax burden.

Old price + tax increase= new selling price. Unless you are selling luxury goods, they eat the tax out of their profit margin.

For most companies, they still maintain the same profit margin.

The only reason it lowers their overall profits is because they sell less. But you, the consumer are still paying the corporate tax.

I have a degree in supply chain management and data analytics. I know what I am talking about, and you are wrong.

No, the price increases to account for the tax burden.

Old price + tax increase= new selling price. Unless you are selling luxury goods, they eat the tax out of their profit margin.

For most companies, they still maintain the same profit margin.

The only reason it lowers their overall profits is because they sell less. But you, the consumer are still paying the corporate tax.