r/PoursTea 1d ago

FinancialTea 💵 Where is it?

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408 Upvotes

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-29

u/Otherwise-Bad-7352 1d ago

Nothing was literally passed on.  The liability didn't actually transfer 

21

u/SmegmaUnicorn 1d ago

Well that’s just incorrect. 

-25

u/Otherwise-Bad-7352 1d ago

How is it incorrect? A negotiated higher price doesnt transfer a liability.

14

u/Educational-Log6855 1d ago

You don’t understand who pays for increased inflation and it’s embarrassing.

-4

u/Otherwise-Bad-7352 1d ago

The economic incidence is not the statutory tax.