Replies

To: woodbeez

Thank you for saying wage that time. Do you agree there would be a 20%-30% reduction in prices if employee wages were cut?

You could get close to 20%. Business owners would also have to accept lower profits too in lieu of paying taxes.

49 posted on 09/16/2005 8:19:17 PM PDT by Always Right

To: Always Right

Business owners would also have to accept lower profits too in lieu of paying taxes

Please explain. Your gross employee costs go down by 20%. How would that result in lower profits?

50 posted on 09/16/2005 8:26:46 PM PDT by woodbeez (There is nothing in socialism that a little age or a little money will not cure(W. Durant))

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