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flstf · 12-23-2005, 12:37 PM

kutulu

The first link in your message #42 does not work (takes you back to TFP message).

We seem to be talking about different things here or maybe I'm just confused.
I understand that the higher income people pay a higher percentage of income taxes but I don't see where the IRS tables show what percentage of the price of goods and services is there because of taxes included in the distribution channel. In other words what percentage of the final cost of say a loaf of bread is there because of all the taxes passed along in increased prices by all the members of the distribution chain.

If the additional cost of an item due to these taxes equals 50% of the price then those who purchase these items are essentually paying all these taxes indirectly. Someone who spends all their income on goods and services then are then spending 50% of their income on taxes (indirectly).

I appreciate your links to the IRS tables but cannot figure out how to use them to determine how much of the price of an item is there because of taxes and therefore how much taxes we as consumers pay indirectly as part of the price charged to us at the store.

12-23-2005, 12:37 PM	#44 (permalink)
flstf Easy Rider Location: Moscow on the Ohio	kutulu The first link in your message #42 does not work (takes you back to TFP message). We seem to be talking about different things here or maybe I'm just confused. I understand that the higher income people pay a higher percentage of income taxes but I don't see where the IRS tables show what percentage of the price of goods and services is there because of taxes included in the distribution channel. In other words what percentage of the final cost of say a loaf of bread is there because of all the taxes passed along in increased prices by all the members of the distribution chain. If the additional cost of an item due to these taxes equals 50% of the price then those who purchase these items are essentually paying all these taxes indirectly. Someone who spends all their income on goods and services then are then spending 50% of their income on taxes (indirectly). I appreciate your links to the IRS tables but cannot figure out how to use them to determine how much of the price of an item is there because of taxes and therefore how much taxes we as consumers pay indirectly as part of the price charged to us at the store.