https://mastodon.social/@MEActNOW/112956139620337300
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/
They’ll just…raise prices to offset the judgment.
And cut wages at the bottom end of the employment ladder, gotta safeguard that C-suite bonus
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
People tweeting stuff. We allow tweets from anyone.
RULES:
They’ll just…raise prices to offset the judgment.
And cut wages at the bottom end of the employment ladder, gotta safeguard that C-suite bonus
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