Probably using Pricing strategies they will make use of the situation and earn more profit. The customers look at the end price they need to pay, they don’t check if it goes to the company(profit) or to Government(tax). Initially
the prices may come down a bit, but gradually the prices will go back
to their previous position. It is good for the corporates because the
percentage of profit will rise. Tax will be replaced by profit
[Pricing
is the process whereby a business sets the price at which it will sell
its products and services, and may be part of the business's marketing plan. In setting prices, the business will take into account the price at which it could acquire the goods, the manufacturing cost, the market place, competition, market condition, brand, and quality of product.]
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