Owing the tax collector is a natural choice but it is not risk free. While there is pricing power now, the ability to do so subsequently depends on the tax payers willingness and ability to keep paying the toll - empty pockets or going into debt would be a concern for the tax collector too.
# Alibaba Slips 0.73% as Burry Bears Down — CEO Buys ~$4.98M: Who's Wrong?

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  • Meet0
    ·08-25 08:02
    Recession is the bigger catch here: tax receipts usually lag GDP on the way down, so that pricing power can look sturdier than it really is
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  • Xiia
    ·08-25 08:02
    Pricing power only exists until people start dodging or leaving. That part gets underestimated a lot
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