Do you consider yourself more left or right wing?

[sc94597]

Chrkeller said:

sc94597 said:

If there are opportunities for reducing costs without affecting revenue and further maximizing profits, why aren't they already pursuing them independent of a prospective tax change? 

At the margins the incentive is the same whether there is a tax increase or not. 

If a company has 5% YoY growth and potentially can reduce costs to get 7% YoY growth they're going to aim to do that just the same as if they get 2% YoY growth and want 4%. 

They have and are.  A major company will replace workers the second they can.  A tax increase will accelerate their plans.  

Bringing MFG back will raise the costs of good, but IMO, is the answer.  More jobs = more competition = higher salaries = better lifestyle

Which is why I really hope the $1,000,000,000,000 planned investments by Apple, Nvidia, etc come to reality.  The best fix for our system is more jobs in the US. 

This is also why I am not anti tariffs, but on the fence.  Time will tell if jobs come back.  

And before somebody does the whole "false promises" crap (not directed you, you are good guy) that is nonsense.  False investment promises of publicly traded companies is a security and exchange commission violation, a fricking massive one.  

Right. I work in the cost-reduction part of a large healthcare company. Almost every project I work on has a component to reduce labor and operation costs. For example, I am currently working on an ML model to predict which prior authorizations can be fast-tracked to approval and therefore save high-cost clinician time for more complex PAs. 

A tax increase doesn't change the marginal incentive to reduce costs unless it shifts the company toward the red and there is an investor panic. In that situation usually revenue gets affected too as critical staff are dropped in the panic, and once things stabilize the company starts to rehire again.

Large companies are always constantly looking for ways to reduce costs. The effect of tax increases aren't as simple as higher increases -> more cost reductions, as many companies are already operating optimally or as optimally as their cost-saving staff can get them.