When CEOs say if they have to pay taxes they’ll just raise prices instead of selling their 5th house people freak out.
When CEOs say they’ll just raise prices if their industry is regulated instead of lowering their multi million dollar salaries, people freak out.
But when they say the exact same thing with tariffs, everyone just goes along with it.
Its the same thing. Corporations shouldn’t be able to punish people to avoid making slightly less money.
When the VAT was increased from 24% to 25.5% my accountant said that I need to raise my prices to compensate for it. I didn’t and nothing bad happened. I can deal with losing 15 euros of every 1000 I earn.
You do understand that 1.4% is a much lower number than we are currently talking about, right? Other than that, I applaud your willingness to take your customers into consideration
But if you’re a public company, it’s much harder to take the high road when it means missing potential profits. Especially when you have damn near a monopoly on markets. It’s the literal cancer to this society.