DDoS- Jen Psaki Says It's "Unfair and Absurd" That Companies Increase Prices Because of Higher Taxes

President Biden's Press Secretary Jen Psaki says the administration believes it is "unfair and absurd" that companies would raise prices as a result of tax hikes. Caleb explains some basic economics in response.

Sources:

https://www.youtube.com/watch?v=tiH2ipjtVxw
https://www.aei.org/carpe-diem/the-public-thinks-the-average-company-makes-a-36-profit-margin-which-is-about-5x-too-high-part-ii/
https://www.gobankingrates.com/money/business/how-much-is-walmart-worth/

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