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To: Chilldoubt

"how much are prices inflated by the costs of our tax system - and how does wage reduction factor into this? or does it? i'd like your opinion and any supporting information..."

According to the economists who have studied it, anywhere from 15 - 30% depending on the industry, somewhere around 22% on average. I'm not sure I understand your question about wage reductions.


349 posted on 08/27/2004 7:32:49 PM PDT by phil_will1
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To: phil_will1

thank you philwill for the information. do you have any links or sources?

the part about wage reduction was a question as to whether the tax costs not only affect price but also affect wages... since we have to compete price-wise with subsidized imports, maybe some of the domestic tax costs are paid via wage reductions?


350 posted on 08/27/2004 7:36:40 PM PDT by Chilldoubt
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