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I haven't read the entire thread and may understand if I had but.....
why do you keep throwing out the term "bourgeois".
I'm not clear on the point you are trying to make and am curious.
Clicking on the link in your post for bourgeois it says
This is a pure class warfare issue. This was effectively used in the former Soviet Union. Once they destroyed themselves even the middle class was fair game. If what some of these folks wanted they actually got. Everyone would have the same salary. A salary that would leave the entire nation in poverty as opposed to a majority or minority.
Last edited by BigJon3475; 03-02-2009 at 07:32 AM..
This is a pure class warfare issue. This was effectively used in the former Soviet Union. Once they destroyed themselves even the middle class was fair game. If what some of these folks wanted they actually got. Everyone would have the same salary. A salary that would leave the entire nation in poverty as opposed to a majority or minority.
Actually, the last guy in line, the consumer, pays the income taxes of everyone else.
No company pays taxes out of its own capital. It transfers the cost to its customers. Ditto for labor. A laborer shifts his tax bill to his customer or his employer's customer. Where else do they get the money to pay taxes, if not from their customers?
So the poorest people pay the most in taxes, shifted into the retail price of American made goods and services.
It's not the "shaft" but the "shift" that gets us in the wallet.
I can sort of see your point but...
I have never heard of including the cost of taxes into a price point strategy or into establishing a cost of doing business analysis. Have I perhaps forgotten something from Marketing classes?
No, I think Bush cut taxes for the lower and middle class during his eight years in office. I also think he provided a significant pharmacy benefit for the elderly, and though they like to complain that it isn't better, they wouldn't give it up either.
I'm not talking about freaking tax rates, I'm talking about WAGE RATES.
I'm not talking about freaking tax rates, I'm talking about WAGE RATES.
Go back to posts #248 and #249. I was referencing the discussion about capital gains and labor, which gets into the tax treatment of both incomes. I also was referring to the Obama proposals concerning raising taxes on the wealthy, so even if you choose to ignore it and reframe the issue, the discussion also includes a significant taxation attribute.
Originally Posted by jetgraphics Actually, the last guy in line, the consumer, pays the income taxes of everyone else.
No company pays taxes out of its own capital. It transfers the cost to its customers. Ditto for labor. A laborer shifts his tax bill to his customer or his employer's customer. Where else do they get the money to pay taxes, if not from their customers?
So the poorest people pay the most in taxes, shifted into the retail price of American made goods and services.
It's not the "shaft" but the "shift" that gets us in the wallet.
I can sort of see your point but...
I have never heard of including the cost of taxes into a price point strategy or into establishing a cost of doing business analysis. Have I perhaps forgotten something from Marketing classes?
No, the establishment Economics community refuses to recognize that all taxes levied on workers and businesses migrate to the retail price.
To do so, would expose other unpleasant facts - like the dire effects of usury and the shiftable income tax.
1. Export taxes are unconstitutional. If "the System" admitted that American income taxes were being exported in the inflated price of American made goods and services, it would have to determine the percentage that IS income tax and offer a rebate. Since the shift is indeterminate and indeterminable, due to the time delays, they pretend it is not there.
2. The American income tax inflation subsidizes untaxed imports.
3. The income tax penalizes producers for the benefit of non-producers.
And usury is mathematically impossible to pay in any finite money token system (like the USA). But economists since Adam Smith have been apologizing for those expletive deleted abominations.
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