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To: SCALEMAN

Are 20-30% of your prices due to taxes (not including your employee's taxes)?


785 posted on 01/31/2005 7:25:29 PM PST by Your Nightmare
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To: Your Nightmare
"Are 20-30% of your prices due to taxes (not including your employee's taxes"

No. My companies income is a mix of about 75% labor and 25% product sales. If I didn't have to pay the 'employer' portion of the Federal taxes, I could drop the price I charge customers for labor. The prices of hard goods sold would also drop, as my suppliers dropped their prices. My company's customer base is 99% companies and very few individuals.

880 posted on 02/01/2005 3:39:58 AM PST by SCALEMAN (Super Cards/Rams Fan)
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