If I hear about him “abolishing tax on tips” again I’m gonna lose my mind

  • WalrusDragonOnABike [they/them]@lemmy.today
    link
    fedilink
    English
    arrow-up
    19
    ·
    1 day 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.