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As far as folks objecting to a national sales tax or VAT. Don't we pay something like those already? Doesn't all the income tax that people pay show up in the price of goods and services already?
From a question I asked in another forum:
How much of the price of a loaf of bread is there because of taxes?
Income and other taxes are levied on all the following and added to the bread's price:
The farmer, all the equipment he buys, etc.., the farm worker, the shipping company and employees, the dock workers, the baker and employees, the packaging company and employees, more shipping company costs, the warehouse and employees, the grocery store and employees, etc...
After all these folks add the taxes they pay to the prices thay charge, how much of it shows up in the price of bread? I would guess that we are already paying about a 90% (sales) tax. I could be way off, and would be interested if anyone has run the numbers on something like this.
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