Replies

Right. Until they can't reduce it anymore - at what point will that be?????? When their revenues do not exceed their COSTS!

Don't you mean "costs plus income taxes"? Oh, right. There wouldn't be any taxes if they weren't making a profit. Does the price of this product the business is selling at cost have embedded corporate income taxes in it? (Your own logic is failing you.)

So what happens to a business that reduces their price "until they can't reduce it anymore" and still nobody is buying? HELLO!!!????? Their costs don't enter into the equation at this point. They sell for a loss and either try to cut costs or get out of the market.

Don't you mean "costs plus income taxes"?

No, I mean costs - all costs, including tax costs... costs like payroll taxes, compliance costs, and any income taxes they're planning on paying.

So what happens to a business that reduces their price "until they can't reduce it anymore" and still nobody is buying?

They go out of business. Like the many US manufacturers that have left the US because of the high embedded tax costs - they go to a country that has less tax costs in prices - because they can't compete against business that has such a lower tax cost component in prices. HELLO?!