Americans refusal to keep paying higher prices may be dealing final blow to price gouging
this post was submitted on 12 Aug 2024
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United States | News & Politics
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I feel like banning stock buybacks would have more of a real and long-term effect than just relying on the market to “self-correct”
Tax on realized capital gains above $500k. Capital gains taxed as ordinary income or maybe a higher rate than OI since it isn't really earned by the investor but by the labor of the employees of the company they "invested" in.
1-month minimum hold time before selling of stocks.
You mean gouging not inflation, inflation is across the board, these companies are not paying proportionally more to make the product just gouging the end customers.
When the CEOs (Kroger, looking at you) are literally bragging on quarterly earnings calls about raising prices and keeping them there just because they can - we call that Price Gouging. If only we had some kind of Consumer Financial Protection Bureau that could help to regulate these greedy business practices…
I love how it's "refusal" to be maxed out fathoms deep in debt.
Joke's on you, the only reason I'm not paying more is because I'm already maxed out