| Chrkeller said: Board members will raise their salaries to offset taxes and increase CoG |
Only if - and when - prices are not already maximized to avoid reducing overall spending. The way people talk about this perfectly elastic correlation between taxes and prices is amusing (totally wrong, of course, but still amusing). If boards were able to infinitely raise prices to increase profits and dividends, they would. In fact, they often do even without tax changes
I ask you: if you make a bad financial investment (let's say, you buy lots of crypto and after a few years they are worthless), do you then go back to your company and raise the price of everything to make up for your investment mistakes? Well, you could if you wanted to, but that's a quick way to destroy your business management. Your personal financial responsibilities are not the same as the company's, even more so when a company's board is divided among many different stakeholders
