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Originally Posted by flstf
kutulu, in addition to my previous post I found the following article where the claim is made that 95% of the cost of most goods is because of taxes. I am still searching for a better more reliable breakdown.
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On top of all that
the company I worked for in Michigan
made the silicon hoses for John deer
In Michigan there is the use tax
Any buisness with 1,000,000 in sales
pays an additional 6% use tax
on the value of everything they own:
inventory
Machinery
property (on top of property tax)
computers
desks
everything
every year
And people wonder why GM is closing plants
and moving to more friendly states/countrys
At first reading I thought 95% was high
After thinking about it for a few minutes
it's really not that unbelievable
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