Quote:
Originally Posted by iggy_oi
Wouldn't passing the cost onto the consumer be counter productive? I mean if no one can afford to pay for their goods and services wouldn't they be just pricing themselves out of any business here? Is it not plausible(sensible?) that companies would rather take a small hit(like their consumers are) to continue to make money rather than try to continue keeping their profits at the same level while decreasing their customer base?
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I'm going to assume you didn't see the federal report where the costs of a carbon tax would "cascade through the economy". No, they won't eat the cost. Everyone will pass it along.