Ok Crowderheads, take a knee. What happens when you pass a new tax on a good or a service? If you answered “prices go up,” congratulations! You are more qualified to run Philadelphia then Philadelphia Mayor Jim Kenney. Kenney passed a tax on soda in the city. Apparently he graduated from the Bernie Sanders School of Economics (see Bernie Sanders Gets Schooled in Reality by Pro-Trump Small Business Owner and New Report: Bernie Sanders Effect on National Debt Calculated).
Already struggling, stores passed the cost onto the consumers, explaining why. Kenney has a sadz over this.
Mayor Jim Kenney, who proposed the soda tax and championed its passage through city council last year, told reporters on Tuesday it’s not the new 1.5-cents-per-ounce tax that’s making it more expensive to buy a can of Coke in Philly. No, according to the mayor, those higher prices are caused by city businesses price gouging their customers in order to stir up opposition to the tax.
“They’re gouging their own customers,” Kenney said, KYW News reports.
In the real world, those sandwich shops and grocery stores, of course, are adjusting the retail price of sugary drinks to make up for the added cost imposed by the tax. Some of them have posted signs to inform customers why drink prices have skyrocketed.
We reserve this gif for special occasions…
This is a perfect example of big bad government pointing the false finger at big bad business. They think that profit margins are so obscene that companies will just eat the cost. Reality hits. The cost is actually passed onto the consumer (you know, exactly what right-leaning economists said would happen) and the government leeches who inflated the costs in the first place seek to punish business for adapting to their increased costs. Guess what happens next? Consumers decide to get around it by not paying all that tax.
Quick: name who wins in this scenario. Is it…
- The customer who wanted iced tea?
- The city who won’t collect near as much revenue because customers are flipping birds?
- The store who’s losing revenue because customers are flipping birds?
None of the above. Before you chime in with “HEALTH, SUGAR DRINKS ARE BAD,” please bear in mind it is not the government’s job to lecture you on what you can and cannot consume via a heavy tax. It’s not a door you want to open. Because only NOW are scientists admitting there was zero evidence to suggest fat, as in butter, bacon, and all the noms you enjoy, lead to heart disease. Think about it, digest it, get back to me.
Government has no business here. But because they inserted their upturned nose into it, everyone involved is suffering. Sounds about right.
And seriously, I feel you health nuts. I don’t drink soda either. Nor do I smoke. Or down pink boxes of donuts on the daily. But that’s my choice. I don’t want the government telling me I can’t eat butter or bacon, if they decide to reverse their data again to tell me butter is bad. It isn’t. Butter is heaven. Shut up and stay out of my grocery bag.
Leftists seriously need to figure out business. Of course, then they’d cease to be leftists… win win.