this post was submitted on 14 Aug 2024
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Coca-Cola Taxes (sh.itjust.works)
submitted 2 months ago* (last edited 2 months ago) by ModerateImprovement@sh.itjust.works to c/whitepeopletwitter@sh.itjust.works
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News: https://www.forbes.com/sites/kellyphillipserb/2024/08/06/coca-cola-could-face-16-billion-irs-bill-after-its-tax-court-arguments-fall-flat/

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[–] Sea_Foam_Green@lemmy.world 19 points 2 months ago (22 children)

They’ll just…raise prices to offset the judgment.

[–] jorp@lemmy.world 8 points 2 months ago (3 children)

we must never take any action against companies they'll just raise prices or leave the country or fire everyone or or or or or

If they really have you so much by the balls then they're a threat and need to be taken down

[–] Sea_Foam_Green@lemmy.world 2 points 2 months ago (2 children)

Keep going, I’m listening.

All my comment was saying is that this is a toothless judgment.

[–] Hacksaw@lemmy.ca 5 points 2 months ago

Getting 16 billion in back taxes isn't toothless.... It's making them pay their fair share....

Toothless would be if there was no way to force them to pay.

[–] jorp@lemmy.world 2 points 2 months ago

it's better than nothing, and Coke has competitors that aren't getting fined, so their hands are somewhat tied

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