To: navyguy
If the income tax is removed, and the law says that you are now entitled to that money, and the business doesnt give it to you its called theft.
Profit is called theft? If a company is charging $10 for a Widget today they can charge $10 for it after the Fair Tax is enacted.
I will give you a real life example. Some dog food companies sell a 40 pound bag of dog food for X price. They will reduce the amount of food to 38 or 35 pounds, not so much you would notice, and keep the price the same. Then several months later they will label their bags "New 40 pound Size" and up the price.
Are they thieves?
29 posted on
09/22/2007 8:51:23 PM PDT by
elizabetty
(Don't Taze Me Bro')
To: elizabetty
The tax removal from airline ticket prices in the mid-1990’s is a perfect example of what would happen (because it DID happen). Prices immediately dropped because of competition. Your example is speculation as far as I know.
Also, you missed my previous point: I said if the law requires it, it would be theft. If the law doesn’t require it competition takes over (per the example I reference above).
If you don’t support the Fair Tax, what tax reform do you support?
60 posted on
09/23/2007 8:14:00 AM PDT by
navyguy
(Some days you are the pigeon, some days you are the statue.)
To: elizabetty
No, but they will be out of business when the competition prices them into oblivian. It is called free market economics.
81 posted on
09/23/2007 6:36:08 PM PDT by
Cannoneer
(Only in American can a natural disaster be turned into an economic boom!)
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