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Old 08-17-2015, 10:40 PM
 
Location: the very edge of the continent
89,060 posts, read 44,877,895 times
Reputation: 13718

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Quote:
Originally Posted by 2sleepy View Post
No, you think because that begs the question. You said prices would drop if corporations could take more tax deductions - can you please stick to the subject and address that?
No, I said that tax deductions and/or lower corporate taxes prevent corporations from having to charge higher prices for producing, distributing, and selling goods and services.

Impact of an Excise Tax or Subsidy on Price

Business 101
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Old 08-17-2015, 10:42 PM
 
Location: the very edge of the continent
89,060 posts, read 44,877,895 times
Reputation: 13718
Quote:
Originally Posted by 2sleepy View Post
This is the second time you posted that, and you have yet to provide any proof for that.
I just did.

Shouldn't be necessary, though, as that is basic knowledge. That which costs more to produce, distribute, and sell, costs the end user/consumer higher prices.
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Old 08-17-2015, 10:48 PM
 
Location: Atlantis
3,016 posts, read 3,912,001 times
Reputation: 8867
Public education IS a form of welfare, but for some that could afford to educate their children.

The average annual cost per student in terms of tax dollars spent (K-12 public schooling) is $12,400 a year.

Now, as an example my neighbors have two kids in public school. Total cost in tax dollars annually: $24,800.

They pay absolutely nothing. Which leaves them the money to go on three vacations a year, buy a new SUV, fund their retirement accounts annually, etc.

They could afford to pay for their children's education but prefer taxpayers cover that expense so they can spend money on other things.
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Old 08-17-2015, 11:24 PM
 
Location: Living rent free in your head
42,850 posts, read 26,307,990 times
Reputation: 34059
Quote:
Originally Posted by InformedConsent View Post
I just did.

Shouldn't be necessary, though, as that is basic knowledge. That which costs more to produce, distribute, and sell, costs the end user/consumer higher prices.
Prices are based on what consumers will pay, not what a product costs to produce. It costs, on the average $30 (total) to produce and market a $100 pair of sneakers. Do you really think that if Nike pays less in tax they will drop the price to $90, or maybe $80? They sell them for every penny they can get ... **business 101**
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Old 08-17-2015, 11:29 PM
 
Location: the very edge of the continent
89,060 posts, read 44,877,895 times
Reputation: 13718
Quote:
Originally Posted by 2sleepy View Post
Prices are based on what consumers will pay, not what a product costs to produce.
Wrong. A corporation that sells its goods or services at a loss will not stay in business.
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Old 08-18-2015, 06:30 AM
 
Location: Texas
38,859 posts, read 25,558,965 times
Reputation: 24780
Quote:
Originally Posted by InformedConsent View Post
Your own words...

As a consumer of corporations' goods and services, you, too, benefit from the lower prices made possible via corporate tax deductions. If you have a pension or retirement account, you benefit yet again via corporate profits.

I have no idea why liberals seem to be incapable of comprehending those very simple facts.
You stubbornly cling to your inability to read what I wrote, preferring to assign your own misinterpretation of my clear prose.

Carry on.

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Old 08-18-2015, 09:25 AM
 
Location: Houston
26,979 posts, read 15,899,377 times
Reputation: 11259
Quote:
Originally Posted by 2sleepy View Post
Prices are based on what consumers will pay, not what a product costs to produce. It costs, on the average $30 (total) to produce and market a $100 pair of sneakers. Do you really think that if Nike pays less in tax they will drop the price to $90, or maybe $80? They sell them for every penny they can get ... **business 101**
You never took Economics 101. In a competitive market new suppliers enter when there are excessive profits to be had driving down prices.
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Old 08-18-2015, 09:31 AM
 
Location: Living rent free in your head
42,850 posts, read 26,307,990 times
Reputation: 34059
Quote:
Originally Posted by whogo View Post
You never took Economics 101. In a competitive market marginal revenue approaches marginal costs. Excessive profits will bring in more competitors who will drive down prices.
^ That is nothing more than economic theory and requires a perfectly competitive market, which is just about non-existent. So maybe we should talk about the realities of the marketplace instead?
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Old 08-18-2015, 12:44 PM
 
Location: Ohio
24,621 posts, read 19,180,106 times
Reputation: 21743
Quote:
Originally Posted by Pinkmani View Post
Public education is a form of public assistance.
Actually it's a form of Opportunity Costs.

Quote:
Originally Posted by Pinkmani View Post
Just like food stamps/SNAP, section 8, TANF, etc.
Those are hand-outs --- bribes, in effect, that are unnecessary, doing nothing to enhance a community. In fact, those hand-outs destroy communities.

Quote:
Originally Posted by Pinkmani View Post
Working folks are required to pay into it even if they never use it
Everyone uses public education. You can argue that is circuitous, since laws compel everyone to attend education, but the fact remains that education is required to socialize people to interact with others in the Real World, and provide opportunities for individual advancement.

Quote:
Originally Posted by Pinkmani View Post
The people who work face-to-face with the direct recipients of these programs don't get paid very well
They are in fact over-paid.

The Laws of Supply & Demand determine wages/salaries. Allowing unions to dictate wages/salaries only results in Capital being wasted.

Quote:
Originally Posted by Pinkmani View Post
The funds are controlled and distributed by the government
You are the government.

You control the school boards. You control the State legislatures, and you control the federal representatives that make the laws that effect public education.

Quote:
Originally Posted by Pinkmani View Post
It's difficult to get people to get the employees of these programs fired (even if they aren't doing their job correctly or violating policies)

You made that possible. You elect the school board that kow-tows to the unions.

Quote:
Originally Posted by Pinkmani View Post
The people who work face-to-face with the direct recipients of these programs are required to follow the regulations set by the government
Again, you are the government.

Quote:
Originally Posted by Pinkmani View Post
Complaining about Common Core is like a food stamps recipient complaining about the regulations on what they can buy with their food stamps.
That is a non-sequitur.

Quote:
Originally Posted by Pinkmani View Post
The government doesn't give a d*mn about you!
You are the government

You elected your local school board.

Quote:
Originally Posted by Pinkmani View Post
Therefore, what makes you think they care about making sure children are educated properly.
Were you elected to a school board?

Did you run for local election to a school board?

Do you attend school board meetings?

I doubt it.

If you want financial responsibility taught, then you need to show up a school board meetings.
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Old 08-18-2015, 08:51 PM
 
8 posts, read 4,014 times
Reputation: 15
Quote:
Originally Posted by lhpartridge View Post
Education is a public good. Everyone in society benefits from having an educated populace. Having an uneducated underclass is good for tyrants and not really anyone else.

You're joking right?

All of the members of Congress are highly educated. How did that benefit society?

2 pointless wars in the last decade that cost thousands of lives.

19 trillion in national debt.

record numbers of Americans out of work.

It's not the education. It's the individual.
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