>>512624915
How are billionaires supposed to pass down taxation down to consumers, you fucking retard? Even if Jeff Bezos is forced to pay more in capital gains, that won't change Amazon's pricing strategy. It's based on basic economic forces like competition and supply and demand. That's the difference between taxing individuals and taxing companies. Taxing Jeff Bezos won't change the revenue of Amazon. But taxing Amazon directly with tariffs will impact their revenue and could incentivize them to increase their prices. If the demand is elastic (people don't need to buy these products) then demand will decrease and their amount of sales will decrease. Amazon will have to eat the cost of tariffs, making them less competitive. Tariffs will only get passed down to consumers if the demand is mostly inelastic and there aren't any good alternatives, then the consumer gets fucked over instead. That's the problem with broad tariffs. Americans claim to love capitalism but are the most uneducated retards when it comes to basic Econ 101.
