Not sure why you're getting slammed by mods. This is truth. If big oil disappeared, you'd be up a creek. If big pharma went away, you might die. If the industrials went away, our infrastructure would rot.
If FaceBook disappeared? The world would actually be a better place. Tesla isn't perfect; I like electric cars but I hate some of the big brother that's coming along for the ride. Same deal though, we could live without them and somebody else will eventually pick up their patents and make electrics that are more affordable.
That's beside your point though. Your thesis is valid--buy value when it's priced properly. Futuristic vision and trends aren't value. Stuff people need is value, but it's overpriced now due to Fed manipulation.
The first rule of economics is "Businesses do not pay taxes. Businesses collect taxes."
No, the first rule of economics is "don't talk about economics".
Seriously, as long as you have companies in competition in regard to pricing, then yes, businesses do in fact pay taxes. They can not in fact just raise prices to cover taxes, because if they could raise prices, they already would have done so.
There is no law in economics that says "Businesses do not pay taxes. Businesses collect taxes." That's an old conservative trope that gained currency when Ronald Reagan and Margaret Thatcher were busy rodgering the working people of their respective countries.
Sure, individual businesses would raise prices if they could. But you're missing the point of a tax.
Example 1: There are 50 auto dealers in a state. One dealer decides to raise his prices across the board because like you said "If they could, they would." He goes out of business.
Example 2: There are 50 auto dealers in a state. The state raises taxes on car dealers 30%. Now all dealers raise their prices 30%.
Now I ask you "Who is paying that 30% increase?"
Businesses can't print money. Well, other than the Reserve. But that's a different matter. Any money a business pays out for any reason has to originally come from an individual somewhere.
Raise the tax rate to 75% of the corporate profit and see what happens...
Companies will reinvest revenue rather than pay it out as dividends. Also, stock prices fall as future expected dividends are cut by 75%, and then rise again as said reinvestment makes economy grow faster.
Actually, this could be just the stimulus economy needs...
Oh dear Lord.
Raising the tax rate to 75% is a stimulant to the economy?
Wow.
Yeah, force the Germans to pay reparations. What could possibly go wrong?
This is the same kind of thing that was said in the US. The space program had more "spin-off" benefits than I can list. Computers, solar cells, etc. were all advanced by contributions from space research. If it hadn't been for computers in particular, I don't know what kind of work I would have had. It probably wouldn't have been such a good ride for me, and I was never directly employed by NASA. Yes. There are still poor people in the USA... carrying pocket computers.
How did you get modded up for equating global warming and a rape hoax?
Possibly the evidence of a lack of evidence.
The first rule of economics is "Businesses do not pay taxes. Businesses collect taxes."
Of course politicians make sure that the public doesn't understand such things with demagoguery.
UNIX was not designed to stop you from doing stupid things, because that would also stop you from doing clever things. -- Doug Gwyn