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To: Kaslin

A simply explanation regarding the impact of taxes.

The article points out “Would you start going to the Boise barber? I’m betting you’d answer no because even though the price is cheaper, the cost is greater.”

While this is true it is based upon the economic concept of time-place utility. People pay $8.50 for a small beer at an NFL game because at that time and place that’s what you have to pay based upon it being the only one available. Airports are famous for that. Service stations close to Interstate highways get more for gas because of the convenience of the place and foregoing the expenditure of time to explore for cheaper gas.


4 posted on 04/17/2013 6:45:09 AM PDT by Portcall24
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To: Portcall24

Capitalism comes in many forms.


6 posted on 04/17/2013 6:48:40 AM PDT by knarf (I say things that are true ... I have no proof ... but they're true)
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To: Portcall24

What you said was absolutely true, but I have to ask - since I interpreted your post (maybe incorrectly) as somewhat challenging to the Williams premise - were you under the impression that you covered something not understood.


7 posted on 04/17/2013 6:56:50 AM PDT by C. Edmund Wright (Tokyo Rove is more than a name, it's a GREAT WEBSITE)
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