To: Man50D
Built-in taxes raise the price of everything you buy. Corporations simply pass the cost along to the consumer. With those built-in taxes eliminated, prices will fall. If we could only depend on the honesty of all business including corporations to pass along this reduction I would have more faith in the Fair Tax. I just have little faith that many business will pass the reduction along. Guess we have to give it a try.
48 posted on
04/03/2006 8:07:49 PM PDT by
Logical me
(Oh, well!!!)
To: Logical me
If we could only depend on the honesty of all business including corporations to pass along this reduction I would have more faith in the Fair Tax. I just have little faith that many business will pass the reduction along. Guess we have to give it a try.
You can't depend on honesty of companies. They don't base their bottom line on altruism. They base it on profit. You can depend on competition between businesses to make that profit. Competition will cause a small number of businesses in an industry to pass the reduction onto consumers. The others will lose business if they don't follow suit.
51 posted on
04/04/2006 3:50:21 AM PDT by
Man50D
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