>If there were a Fair Tax, everyone would be waiting around for everyone else to lower their prices first and no one would ever do it...No one would cut their own salary, so businesses would not cut their prices.. <
Then explain Walmarts sucess and why video rental costs are about 25% of the price they were 5 years ago with less competitors.Come back after you take high school economics.
Economies of Scale...Look it up.. Walmart buys in volume and cheap from China....
Net Flix deals in volume and everyone else is lowering their prices to compeat with the new niche video renters....There is your new competitor...Yahoo is not far behind..look for MS and Apple to do the same... (and no, I'm not a good speller)
Wal-mart is not lowering it's prices..it has always been cheap..
Then explain Walmarts sucess and why video rental costs are about 25% of the price they were 5 years ago with less competitors.Where can you rent a video for $0.50?