return2ozma@lemmy.world to News@lemmy.world · 1 year ago‘Stop the price-gouging’: Biden hits corporations over high consumer costswww.cnbc.comexternal-linkmessage-square169fedilinkarrow-up1854arrow-down122
arrow-up1832arrow-down1external-link‘Stop the price-gouging’: Biden hits corporations over high consumer costswww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 1 year agomessage-square169fedilink
minus-squarepan_troglodytes@programming.devlinkfedilinkEnglisharrow-up32arrow-down4·edit-21 year agothat was basically it. short of siccing the irs on them there’s not a lot the executive branch can do about it… of course that’d kill the golden goose named “campaign contributions”, so it wont happen
minus-squareSCB@lemmy.worldlinkfedilinkarrow-up10arrow-down1·1 year ago siccing the IRS on them Nothing the IRS can do, either.
minus-squareNatanael@slrpnk.netlinkfedilinkarrow-up8·1 year agoWindfall taxes is a thing they can use. If companies raise their prices too fast the excess profit gets taxed at a higher rate.
minus-squarePatches@sh.itjust.workslinkfedilinkarrow-up1arrow-down1·edit-21 year agodeleted by creator
that was basically it. short of siccing the irs on them there’s not a lot the executive branch can do about it… of course that’d kill the golden goose named “campaign contributions”, so it wont happen
Nothing the IRS can do, either.
Windfall taxes is a thing they can use. If companies raise their prices too fast the excess profit gets taxed at a higher rate.
Need the House for that tho.
deleted by creator