1/2-3/4 of everything you buy is taxes

Discussion in 'Budget & Taxes' started by galant, Nov 11, 2014.

  1. galant

    galant Banned

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    every step of the way, quarrying, transporting, manufacturing, wholesale, retail, the 35% tax cut is being added to the price, and only the end user can/will pay all of that. The people in the chain MUST make a profit (or go out of biz) and part of their expense is the taxes that they pay. It's bs to say that shipping costs from China are "so high". if that were true, there'd only be "$10 and up" stores, not "dollar stores". remember the 5 and dime stores? that was just 60 years ago, folks. Now you need a dollar to buy what you used to pay a dime for. EVERY year, 5% of your (after tax) money is eaten up by inflation (average per year). that means that prices double every 15 years, ad they DO, folks.
     
  2. OldManOnFire

    OldManOnFire Well-Known Member

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    Not really clear what you are getting at above, but if you're talking about corporate taxation, then yes taxes are a cost of doing business, an expense, which is calculated in the price of the products and services. However, if you stop collecting the corporate tax, and this increases profits, those profits can be allocated in many different ways and none of them necessarily mean lower priced products and services. The price of products and services is mostly determined by the demand from the consumer...not by how much cash the company has. Contrary to idiot beliefs, business has no conspiracy regarding profits or wages or inflation, etc. All of these are determined by the marketplace for consumers and workers...
     
  3. CourtJester

    CourtJester Well-Known Member

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    You Unfortunatly don't understand that corporate taxes are ( slightly simplified) only applied to profits. And the actual rate is nowhere near 35 percent.
     

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