Prices are not dependent on costs. You statements indicate to me that you believe in some sort of Marxist intrinsic value theory. In my experience, without exception, EVERY SINGLE supporter of the sales tax believes in MARXIST intrinsic value theories. EVERY SINGLE ONE! It makes me wonder what the connection between sales taxers and Marxists is.
Link to discussion of Marxism and intrinsic value theories in comparison to market-exchange theories.
if what you're preachin' about economics is what's being taught in school....then no wonder the economy is for sheisse!
I'm a supply sider. Supply side economics is not taught in any school in America. I was taught monetarism, but Jude Wanniski converted me to a supply sider. Your statement that supply side economics is taught in the US convinces me that you are ignorant.