Originally Posted by
rydabent
Low corporate tax on bike producing corporations is a good thing. They like all corporations just PASS tax increases right thru to the public that buys their products such a bikes. Increased taxes and wage inflation is why my $1200 bike of 2008 now costs $2200. Another example is the first little all brick two bedroom house we bought for $14500 now sells for $200,000 even tho it is now 54 years older.
Um, no. Corporate taxes in the US remained unchanged from 2008-2017, and then dropped drastically in 2018.
There are many reasons for inflation, taxes are not one of them.