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A comment on UK: Food inflation rises to 18.2% as it hits highest rate in over 45 years. Parent comment

Re:UK: Food inflation rises to 18.2% as it hits highest rate... by DeathArrow on Friday March 24, 2023 @04:12PM (#35294787)
> always thought "trickle-down" economics was about giving money to businesses via tax-breaks

Tax-breaks doesn't mean giving money to businesses, they mean taking less money from businesses.

[ Parent | on HN ]
Re:UK: Food inflation rises to 18.2% as it hits highest rate... by Jochim on Friday March 24, 2023 @04:54PM (#35295333)
Corporate entities are a societal construct. Their very existence is defined by what society chooses to give them.
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Re:UK: Food inflation rises to 18.2% as it hits highest rate... by theturtletalks on Friday March 24, 2023 @05:10PM (#35295568)
Tax-cuts for businesses and not individuals is effectively the government “giving” money to businesses no?
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Re:UK: Food inflation rises to 18.2% as it hits highest rate... by DeathArrow on Friday March 24, 2023 @05:25PM (#35295788)
Not really. And governments have tax-cuts for individuals, too. And that doesn't mean the governments are giving money to individuals.
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Re:UK: Food inflation rises to 18.2% as it hits highest rate... by theturtletalks on Friday March 24, 2023 @06:31PM (#35296564)
Yes, but I'm talking about corporate tax-cuts in leiu of individual tax-cuts.
[ Parent | on HN ]