Is it morally appropriate for a business to take a political stance?

Willempie

Ad Honorem
Jul 2015
5,688
Netherlands
Who told you that nonsense? Wages have been stagnant in developed countries for decades.


That's 2015, you know before He Who Must Not Be Named took charge and actually cut taxes.
If you want statistics, better look here Bureau of Labor Statistics
Always with the caveat that it is statistics and not a repeatable experiment.
 
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Willempie

Ad Honorem
Jul 2015
5,688
Netherlands
So, by that logic, it's not OK to refuse to sell cakes to gay couples but it is OK to refuse to write a wedding inscription on the wedding cake of a gay couple (something like "Mike and Mark together forever") even if one would be willing to write an equivalent wedding inscription of the wedding cake of a straight couple?
Yep.
 
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pugsville

Ad Honorem
Oct 2010
9,970
Politics cannot be removed from Human interaction. Where ever there are people there are politics.

Economics is about the distribution of resources. It's inherently political process.
 
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Nov 2019
334
United States
Not really. Profits come from the consumer but the company decides how to distribute those profits. They constantly change the mix of income and expenditure. For example, if taxes rise, the company can decide to reduce dividends or CEO bonuses instead of raising prices. Look at happened in the US during the last tax round of tax cuts: companies increased CEO bonuses and bought back their own shares. Very little of it was spent on wage increases and infrastructure and they didn't reduce prices for their customers.

You have to tax companies because otherwise a large portion of the population will stop paying income tax. Get rid of company tax and you'll get a huge spike in company registrations and the company owners will start funneling all their income, assets, and living expenses through the company.
Trust me when taxes rise, prices rise on the products, most costs that companies have are pretty much set in stone, when government arbitrarily decides to increase taxes, you and I pay for it EACH AND EVERY TIME.
 

Dan Howard

Ad Honorem
Aug 2014
5,128
Australia
Trust me when taxes rise, prices rise on the products, most costs that companies have are pretty much set in stone, when government arbitrarily decides to increase taxes, you and I pay for it EACH AND EVERY TIME.
Nonsense. If that were true we, would see the reverse when taxes drop. We have definitive evidence right now from the last round of tax cuts proving that your premise is false. Prices are based on many factors but company taxes are right down near the bottom of the list.
 

AlpinLuke

Forum Staff
Oct 2011
27,578
Italy, Lago Maggiore
FWIW, it's pretty easy to tell a couple's sexual orientation if they say something along the lines of "We're Mike and Mark and we're getting married to each other and thus want a cake for our wedding!"
If you want to make it public it's your choice. Privacy laws start from the premise that the individual owns one's private data and information. This means that the individual can decide to keep personal information private or not. It's like to post a sexually oriented content on your Facebook page. You make it public. But if someone discovers in some way something "sensitive" you want to remain private ... making it public ... that's against the law. The definition of "sensitive data" is a basic conception to apply the EU law about privacy.

Substantially all related to health, sexual orientation, political and religious orientation is considered "sensitive" and you've got the right to keep it private. But it's not a duty, it's a right.
 
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Dec 2017
357
Florida
Yep, Pablo Escobar was just fulfilling people's needs and really serving society. Same aas Madoff.
Madoff is a case of fraud, it is essentially a form of theft. That is a crime. And yes when it comes to selling drugs Pablo Escobar was fulfilling a service. I take it you bring him up because of all the other heinous things that he did like murder, torture, and other acts of violence which are not what I was talking about. If you want to talk about violent crimes or defrauding individuals then create a new form and stop trying to sidetrack this one.
 
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Cepheus

Ad Honorem
Dec 2011
2,350
Nonsense. If that were true we, would see the reverse when taxes drop. We have definitive evidence right now from the last round of tax cuts proving that your premise is false. Prices are based on many factors but company taxes are right down near the bottom of the list.
It depends on multiple factors. In economics it is called tax incidence.

Wiki: Tax Incidence
Where the tax incidence falls depends (in the short run) on the price elasticity of demand and price elasticity of supply. Tax incidence falls mostly upon the group that responds least to price (the group that has the most inelastic price-quantity curve). If the demand curve is inelastic relative to the supply curve the tax will be disproportionately borne by the buyer rather than the seller.




See also:
Tax Incidence Definition - Investopedia
www.investopedia.com › Personal Finance › Taxes

Jul 18, 2019 - A tax incidence is an economic term for the division of a tax burden between buyers and sellers. Tax incidence is related to the price elasticity of supply and demand. When supply is more elastic than demand, the tax burden falls on the buyers.
 

Naomasa298

Forum Staff
Apr 2010
35,786
T'Republic of Yorkshire
Besides the point (plus you know how Escobar's looked). The point is that profit isn't a proper indicator of how well a service you are providing to your community. It is only a good indicator for the service you provide to your customers.
Not necessarily. British Airways is in profit, and it provides and absolutely terrible service.

Profit is a good indicator of how good a service you're providing to your shareholders...