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→Increasing the taxes can increase tax revenue
What I said is not nonsense. To paraphrase Andy, this is just basic economics. You can increase prices, leading to a decrease in demand, and still make a profit. Happens all the time. [[User:Order]]
What I said is not nonsense. To paraphrase Andy, this is just basic economics. You can increase prices, leading to a decrease in demand, and still make a profit. Happens all the time. [[User:Order]]
To add a bit of math to this argument. If you increase prices by 7%, demand can drop up to 6.5% and you still make a profit. [[User:Order]]