this post was submitted on 07 Nov 2024
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If I hear about him “abolishing tax on tips” again I’m gonna lose my mind

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[–] WalrusDragonOnABike 19 points 2 weeks ago

Businesses could decide this... But not out of optics, but to maximize profits. I know one theory is corporations go between periods of inflating prices and periods of mergers & acquisitions as the two modes primary means of capital growth. If that's true and businesses perceive the Trump admin as being more favorable towards monopolies, then they may focus on doing M&A over the next 4 years. After which, the increase monopolization will inevitably lead to inflation in the period following.