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So your answer is that manufacturers and retailers eat the tax - by either lowering quality via cheaper materials, lower costs (lay off workers), or lower returns on capital.
Great. Another wealth and income transfer to the government. In reality, supply will shrink as some suppliers decide that it is not worth it to be non-profit. Prices will remain high as consumers compete for fewer goods.
Discounting for inventory management is far different than burdening every product with a 20% tax.
You are trying to make a case that taxes have no impact on behavior. Reality proves you wrong.
Please read up on supply an demand. Increasing costs by 20% changes the dynamic.
Either some consumers will balk at the higher price - or some suppliers will decide to exit the market.
VAT will not be benign have a benign effect on the market.
No. Burdening products with a 20% tax has nothing to do with Capitalism.
You really do not grok supply and demand.
Immi, people will significantly slow discretionary spending which will significantly affect the economy. Competition always provides the best price, so manufacturers would have no choice but to pass on the tax. Big, high volume retailers may be able to absorb some but not all.
Many people believe taxing corporations, ie, making them pay their fair share, is somehow lowering the individuals tax burden. It is not true. Each and every tax, I don't care what the government says, is paid by the individual American tax payer. A tax on medical devices is passed on to consumers. A tax on drugs is passed on to consumers. A tax on (you name it) is passed on to consumers.
A tax is a tax is a tax is a............
We still haven't discovered why you're so upset about this.So you really believe tha the governemt has taxed water and sugar becuase of it's negative effect on soceity?
Try this - the government is trying everything they can to off set the deficit
SANDY HOOK -- Thirsty people have replaced smokers as the top litterers on New Jersey’s beaches, according to a report released today by a coalition of environmental organizations.
Plastic bottle caps and lids accounted for 11 percent of the trash volunteers collected along the Jersey shoreline during two beach sweeps last year, overtaking cigarette butts as the leading type of litter collected during Clean Ocean Action’s biannual beach sweeps several years running, according to the group’s annual report.
We still haven't discovered why you're so upset about this.So you really believe tha the governemt has taxed water and sugar becuase of it's negative effect on soceity?
It's not bashing, it's not calling for anyone's head, it's just pointing out that the man who said he wanted to "project a sense of confidence" doesn't have a brain one in his staff who says, "Uh, Mr. president let's get all the water bottles and coke cans out of here before we allow pictures" at the VERY least!
That's not even addressing whether they have them there or not.
It's this kind of brain-deadedness that had them flying air force one and fighter jets over lower Manhattan.
NOT the change we were looking for.Try this - the government is trying everything they can to off set the deficit
They think they will raise more revenue by taxing more. It never works, never has. But it's nice to see you realize they are going to tax the piss out of the poor and middle class, so they can say they justified MORE spending and much larger and intrusive government.
Where instead, they should be CUTTING SPENDING.
Reading is your friend, I addressed the "hypocrisy" issue early on in the thread. There's also nowhere in the thread where I claim the Obama Admin was pushing to end bottled water.We still haven't discovered why you're so upset about this.So you really believe tha the governemt has taxed water and sugar becuase of it's negative effect on soceity?
It's not bashing, it's not calling for anyone's head, it's just pointing out that the man who said he wanted to "project a sense of confidence" doesn't have a brain one in his staff who says, "Uh, Mr. president let's get all the water bottles and coke cans out of here before we allow pictures" at the VERY least!
That's not even addressing whether they have them there or not.
It's this kind of brain-deadedness that had them flying air force one and fighter jets over lower Manhattan.
NOT the change we were looking for.Try this - the government is trying everything they can to off set the deficit
They think they will raise more revenue by taxing more. It never works, never has. But it's nice to see you realize they are going to tax the piss out of the poor and middle class, so they can say they justified MORE spending and much larger and intrusive government.
Where instead, they should be CUTTING SPENDING.
Another ridiculous non issue....... If the Obama administration were pushing to end bottled drinks there could be claims of hypocrisy. However, bottled and canned drinks have been imbedded in our society for 100 years and are common in executve meetings.
To expect our top executives to forego having something to drink during a meeting is petty
Ban bottled water. Shipping water from remote locations like Fiji adds thousands of tons of greenhouse gases into the atmosphere each year. In addition, only 13 percent of those plastic bottles get recycled, according to the Natural Resources Defense Council. In place of bottled water, the White House could provide employees with reusable bottles and filtered tap water.
The penalty's in the price.I think anyone who pays three dollars or so for a bottle of freaking water is the idiot here.
