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Tax rises could push food prices higher, warn supermarkets (www.bbc.co.uk)
submitted 1 year ago by to c/uk_politics@feddit.uk
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The bosses of the UK's largest supermarkets warn the chancellor against imposing higher taxes on the industry.

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[–] 2 points 1 year ago (2 children)

Nods. It is also why the media uses such numbers.

It is intentionally trying to make a news article out of the profit rather then the size of the corperation.

The media's owners etc. Do not want voters spending to much time worrying about how large corperation s are able to overpower all competitive attempts from new businesses. It goes against all the advantages they sell about capitalism. And may encourage voters to call for the breakup of such corps.

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  • [–] 1 point 1 year ago (1 child)

    The real answer is to tax the rich. Taxing groceries more? Just more taxes on the poors.

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  • [–] 1 point 1 year ago

    Agreed. But let's ensure we get the wording correct.

    Tax wealth income equally.

    Because just saying tax the rich. Allows the rich to claim we want to increase higher income taxes. Leaving the left arguing with people who should be on our side.

    They do this intentionally to divert the argument from real wealth. Because they know their arguments against taxing wealth fall down when openly challenged. So using higher income earners to distract the argument. Saves them defending their real income source.

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