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2021-03-21 Home Front: Politix

Psaki on Corporations Raising Prices Due to Higher Taxes: Biden Believes People Know They Don't Need to Raise Prices

[BREITBART] During an interview aired on Thursday’s "MSNBC Live," White House Press Secretary Jen Psaki
...a valley girl who woke up one morning and found she was spokeswoman for the U.S. Department of State under Obama...
reacted to concerns that corporations will raise prices if taxes on corporations are increased by stating that President Joe The Big Guy Biden
Joe <q>The Big Guy</q> Biden

...46th president of the U.S. Old, boring, a plagiarist, fond of hair sniffing and grabbing the protruding parts of women, and not whatcha call brilliant... or is that an act?...
believes people "know that corporations do not need to raise the cost of goods in order to pay more taxes and pay more of their fair share."

Host Hallie Jackson asked, "Of course, he could only do so much if corporations end up raising prices on things if they end up having a tax hike as well, right?"

Psaki responded, "He also believes that the American people are smart. They’re invested in this. They’re going to pay attention and that they know that corporations do not need to raise the cost of goods in order to pay more taxes and pay more of their fair share."

Posted by Fred 2021-03-21 00:00|| || Front Page|| [11130 views ] Top

#1 Voodoo economics: Price Controls never work in Real Life.

Posted by magpie 2021-03-21 00:59|| 2021-03-21 00:59|| Front Page Top

#2 A moron and lifelong BS artist-cum-buffoon, with a brain-dead ex jockette swimmer for a press secretary, answering Q's about price-elasticity and the macroeconomic effects of marginal tax rates. O-Kay.

Like asking the staff of "The View" to hold forth about likely impact of Fed policy on the long bond.

Posted by Galactic Coordinator Throlet5367 2021-03-21 01:12|| 2021-03-21 01:12|| Front Page Top

#3 Circling back leads to circular logic.

Posted by Gomez Angolurt5530 2021-03-21 03:58|| 2021-03-21 03:58|| Front Page Top

#4 The Magic Money Tree economic concepts of the Left.

Posted by Procopius2k 2021-03-21 06:26|| 2021-03-21 06:26|| Front Page Top

#5 More like the exact opposite occurs. A friend of mine owns a local beer distributor in PA. Every tax or tariff added he hikes prices a bit higher to cover the increased tax plus a few dollars in his pocket. Any one who complains he bitches right along side of his customers how the politicians suck.

Posted by Airandee 2021-03-21 07:51|| 2021-03-21 07:51|| Front Page Top

#6

GAS up $.69 per gallon since Jan 20th.
Food prices depending of the item jumping 15 to 20% monthly in Wally World.

While Volume and content package sizes are shrinking. Compare Pre-Woke to WOKE packaging. Some are not the same size. Not all, just some...

In all honesty its not just BIDEN.
Less we forget it is in a major part Nancy's House control also. Since ALL Taxes are written in Congress.

BTW: Store Brand Bacon $3.99 to $4.29 14 oz for 14oz. or about $4.59 to $4.89 per/lb.

Makes it cheaper to buy ground beef @ $3.29 80/20 to $3.89 80/20 (ground chuck)
Ground Beef is cheaper in our Super Markets .

Posted by NN2N1 2021-03-21 08:49|| 2021-03-21 08:49|| Front Page Top

#7 "He also believes that the American people are smart. They’re invested in this. They’re going to pay attention and that they know that corporations do not need to raise the cost of goods in order to pay more taxes and pay more of their fair share"

What the hell is that gonna matter. I bitch about rising fuel prices. Yet I don't see them going back down cause of it.

Posted by Slappy 2021-03-21 13:47|| 2021-03-21 13:47|| Front Page Top

#8 Reduce all CEO's salaries 10% to help pay pay for the tax increases. Oh yeah and cut members of congress' pay the same amount.

Posted by jpal 2021-03-21 18:26|| 2021-03-21 18:26|| Front Page Top

#9 He also believes that the American people are smart

They proved it by electing him?

Posted by g(r)omgoru 2021-03-21 18:30|| 2021-03-21 18:30|| Front Page Top

#10 sure we did

Posted by Frank G 2021-03-21 19:19|| 2021-03-21 19:19|| Front Page Top

#11 The old "fair share" lunacy again.

Posted by Clem 2021-03-21 20:06|| 2021-03-21 20:06|| Front Page Top

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