To: gooleyman
While your understanding of tax/reg problems is excellent, please advise which politician will advocate even the SLIGHTEST rollback in EPA, OSHA, or EEO regs/standards.
Similarly, while I think elimination of the C-Corp income tax would be a very good thing all-around, it doesn't take too much to hear the demagogues ranting.
Last, even though the numbers are noticeable, tax/reg costs are only about 15% (or less) of sales for most organizations. That's not quite the same as the 70% difference in costs for most comparos of China/USA
46 posted on
01/01/2004 11:33:17 AM PST by
ninenot
(So many cats, so few recipes)
To: ninenot
While your understanding of tax/reg problems is excellent, please advise which politician will advocate even the SLIGHTEST rollback in EPA, OSHA, or EEO regs/standards.
Thank you for the compliment. They WOULD advocate it if enough people (voters) understood the problem and demanded it. They keep putting the blame on things other than the real problem. People keep hearing the lies and believe them because they've heard them over and over from "reliable" sources such as the DemocRATS, liberal Republicans and the lamestream news media outlets.
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Last, even though the numbers are noticeable, tax/reg costs are only about 15% (or less) of sales for most organizations. That's not quite the same as the 70% difference in costs for most comparos of China/USA
That number of 15% is true if you only look at the top tier of manufacturing for a product. That 15% is cascaded throughout the whole process of a product from the harvesting of the raw materials all the way up the stream through processing, shipping, manufacturing, marketing, distributing the finished goods, etc. I submit to you that the net effect would be more than the 70% difference between China and here. Remember that the 15% is added at every level and compounded through the whole process in everything we produce. By the time the consumer picks a product off the shelf, I'll bet the net effect of taxes and regulations is up to well over 90%.
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