Let’s imagine that it does hurt corporate profits first. Will they survive? Probably the big ones, might be a bit harder for little ones. So the world keeps turning, right? But like you said the end customer will eat some of the costs, so we agree that prices will go up in the end.

Where’s the upside? More money funneled into the government? Paid by the increased prices for the consumer, or some dips in corporate profits?

I’m not sure that’s a win for the consumer normies.