That's quite a good observation that some of the Status Quo folks on the thread certainly miss.
Quite right.
Prior to the tax removal, my 90 dollar income would not pay for the 100 dollar car. After the tax removal, my 90 dollar income might pay for the car if the company responds to tax cessation by reducing it's price to 90 dollars.pigdog's response:
That's quite a good observation that some of the Status Quo folks on the thread certainly miss.Quite wrong.Quite right.
Someone missed something alright. Both of you... You both missed the 30% tax on the $90.00 price making the total cost what was $100.00 after tax would now be $116.88 after tax.