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 [email protected] to c/[email protected]
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[–] [email protected] 19 points 2 months ago (4 children)

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

[–] [email protected] 38 points 2 months ago (2 children)

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

[–] [email protected] 5 points 2 months ago (6 children)

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.

[–] [email protected] 7 points 2 months ago

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

That's a great way to start a paragraph

[–] [email protected] 5 points 2 months ago

I've known pepsi addicts.

[–] [email protected] 4 points 2 months ago

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

[–] [email protected] 3 points 2 months 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.

[–] [email protected] 2 points 2 months ago (1 children)

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.

[–] [email protected] 1 points 2 months 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.

[–] [email protected] 0 points 2 months ago
[–] [email protected] 9 points 2 months ago (1 children)

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

[–] [email protected] 7 points 2 months ago* (last edited 2 months 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

[–] [email protected] 8 points 2 months ago (1 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

[–] [email protected] 2 points 2 months ago (2 children)

Keep going, I’m listening.

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

[–] [email protected] 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.

[–] [email protected] 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

[–] [email protected] 4 points 2 months ago* (last edited 2 months ago)

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