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To: abigkahuna

No, prices would not go down. In the real world, prices would remain the same, with a someone pocketing the profit and then only paying a 9 percent tax on it. So companies could then see a nearly 25 percent profit by keeping the prices the same.


Well, I just happen to be the direct competitor to the business you run. I’m going to lower my prices and pass on the tax savings to the consumer. I’ll also pass on tax savings to my employees.

I’m going to eat you for lunch, take your customers and best employees. My profits will be higher than ever, and you’ll either go out of business, or copy my approach.


283 posted on 10/13/2011 1:04:24 PM PDT by Atlas Sneezed (Author of BullionBible.com - Makes You a Precious Metal Expert, Guaranteed.)
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To: Beelzebubba

I swear, I am so surprised that a lot of people on FR forget how a free market economy works. **Shaking head**


287 posted on 10/13/2011 1:11:29 PM PDT by montyspython (This thread needs more cowbell)
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To: Beelzebubba

I don’t have any employees, beelzebubba. I am a sole proprietor. Got It? I sell things to feed my pie hole. Table top capitalism baby! And no—if you find the chance to add a little geld into the pocket you will. You don’t make it up on volume. You go broke making money. You are sounding like the idjit I knew that bought it for a buck and sold it for a buck fifty....no longer in business. yeah, yeah, yeah....see you at the fair!


326 posted on 10/13/2011 2:11:44 PM PDT by abigkahuna
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