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Old 08-08-2022, 12:54 PM   #40
AndyC
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Join Date: Dec 2011
Posts: 4,285
Quote:
Originally Posted by Inner Dirt View Post
........
No way in hell will a business that provides an essential service, has limited competition, and not going to see any major technical advances the competition doesn't have, not going to pass tax increases on to consumers. To think otherwise is nonsense........

Businesses with substantial competition will need to pass on the additional cost or get out of business. It is unlikely that an industry with substantial competition will be competing with companies who are not also greatly affected by increased costs. So the result will be decreased supply from companies leaving the business and/or price hikes to consumers by the remaining companies.
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