To: Willie Green
OK, sounds good but: Let's take oil as an example.
Cost per gal on tanker $1.00. Plus your tax 15% = $1.15/gal
plus refine cost etc .50/gal = $1.65/gal plus state tax .15 = $1.80/gal. Federal pump tax elimated.
Current method: Cost on tanker $1.00 plus refine .50, plus
fed tax .15 plus state tax .15 = $1.80
State tax stays since Fed's cannot eliminate it.
No matter how you do it the taxes are passed to the customer by the company. No matter what you import the result remains the same. Just any example.
16 posted on
05/13/2003 2:30:09 PM PDT by
TaMoDee
To: TaMoDee
Let's take oil as an example.
Just any example.Your example is incomplete.
It fails to consider domestic production.
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