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Coca-Cola Taxes (sh.itjust.works)
submitted 1 year ago* (last edited 1 year ago) by ModerateImprovement@sh.itjust.works to c/whitepeopletwitter@sh.itjust.works
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[-] Sea_Foam_Green@lemmy.world 19 points 1 year ago

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

[-] voldage@lemmy.world 38 points 1 year ago

And lots of people will stop drinking it because of that, and they will be healthier thanks to it.

[-] Got_Bent@lemmy.world 5 points 1 year ago

I know quite a few people who have serious Coke addictions. They will simply refuse to drink any other brand and they go through Trumpian levels of the stuff daily. I don't know what it is about this particular brand. I've never met an RC head, but Coke heads are a dime a dozen, unlike the ten bucks a dozen their drug of choice charges.

[-] guiguinofake@sh.itjust.works 7 points 1 year ago

I know quite a few people who have serious Coke addictions.

That's a great way to start a paragraph

[-] RoquetteQueen@sh.itjust.works 5 points 1 year ago

I've known pepsi addicts.

[-] cheers_queers@lemm.ee 4 points 1 year ago

lived with a woman who drank a 12 pack a day. IDK how she has teeth

[-] Snowpix@lemmy.ca 3 points 1 year ago

I used to be like that. Drank 4 litres a day. Thankfully I got sick of feeling like shit all the time because of it and switched to just drinking water.

[-] BruceTwarzen@lemm.ee 2 points 1 year ago

Uff that used to be me. I went cold turkey for about 4 month of just drinking water. It then made me realize how coke isn't even good.

[-] Got_Bent@lemmy.world 1 points 1 year ago

I stopped drinking soda years ago, but I never actively chose to do so. Somehow, it just happened. Definitely to my benefit, but I've long been perplexed how it happened.

[-] Doxatek@mander.xyz 0 points 1 year ago
[-] SirQuackTheDuck@lemmy.world 9 points 1 year ago

And cut wages at the bottom end of the employment ladder, gotta safeguard that C-suite bonus

[-] towerful@programming.dev 7 points 1 year ago* (last edited 1 year ago)

The CFO, who originally manufactured the tax dodge and got a bonus for doing so, will now have to work out a "restructuring" strategy (IE, cut wages and layoffs) to cover for the increased tax burden... Which will earn them another bonus.

Edit: I don't know that any of this is true

[-] jorp@lemmy.world 8 points 1 year ago

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 1 year ago

Keep going, I’m listening.

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

[-] Hacksaw@lemmy.ca 5 points 1 year 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 1 year ago

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

[-] explodicle@sh.itjust.works 4 points 1 year ago* (last edited 1 year ago)

By less than the profit that was taxed, because elasticity exists.

this post was submitted on 14 Aug 2024
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