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Tosh5457
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If taxes are raised on a specific sector, what does a company on that sector does? For example, the company is getting a liquid profit of $1.000.000 a year, and the tax on profits is 30%. $300.000 goes to taxes.
Now the tax is raised to 50%, and the company has just lost $200.000 per year. How do shareholders react and what are the usual responses to those reactions?
Now the tax is raised to 50%, and the company has just lost $200.000 per year. How do shareholders react and what are the usual responses to those reactions?