9-9-9 serious...so we have to pay 9% on top of 7% State taxes! (legal, Canada)

[LetsRock]

Originally Posted by bentlebee

I really like Herman Cain but his plan is not something that will work...

He is stating you don't pay the tax on used items....so no tax on a used car?

I don't get it but for groceries, clothes, etc....to me another 9 % is too much...I know on milk, bread there is now no tax, but again an increase of 9%is a lot.

Your clothes and milk would cost LESS to start with so the new taxes will be a wash. The cost of those things are priced artificially high to cover the taxes already on them. Businesses pass on their tax liability to consumers. Without those factored in taxes, the price will come down.

[mohawkx]

Originally Posted by LetsRock

Your clothes and milk would cost LESS to start with so the new taxes will be a wash. The cost of those things are priced artificially high to cover the taxes already on them. Businesses pass on their tax liability to consumers. Without those factored in taxes, the price will come down.

Everybody refrences the "taxes nobody can see". The invisable tax that is supposedly built into every product we buy.
Question......
Will the money saved by producers and vendors by eliminating these "invisable taxes" be passed on to consumers by Cain's new tax law? Or will it be a voluntary process? Or should we just "Trust in the free market" to adjust in the consumer's favor?

[kaimuki]

I would like 9 slices of pizza with 9 toppings for 9 dollars.

[bentlebee]

I heard Cain now wants 9-9-9-9....soon it will be 9-9-9-9-9-9-9-9-9-9-9

[Deezus]

Originally Posted by kaimuki

I would like 9 slices of pizza with 9 toppings for 9 dollars.

Now that's a deal I could get with...

[moionfire]

I actually want a national sales tax but 9% is too much. Especially since many states have sales tax over 5%.

[ergohead]

Originally Posted by kaimuki

I would like 9 slices of pizza with 9 toppings for 9 dollars.

Yeah, Cain!

See if you can deliver THAT!

[ilovemycomputer90]

Originally Posted by kaimuki

I would like 9 slices of pizza with 9 toppings for 9 dollars.

Unfortunately there'll be a 9% tax slapped on with that order.

[ergohead]

Originally Posted by ilovemycomputer90

Unfortunately there'll be a 9% tax slapped on with that order.

Man, that Cain has CRUST!

[Katarina Witt]

Originally Posted by ilovemycomputer90

Unfortunately there'll be a 9% tax slapped on with that order.

Not if it's a used pizza!