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To: Eric Wells who wrote (64871)	6/27/1999 7:02:00 PM
From: Glenn D. Rudolph	Respond to of 164684

I was referring to e-business, that is either employee tele-commuting or internet business to business transactions. E-commerce (consumers buying items over the internet) will not likely reduce gasoline consumption as goods must still be delivered, whether it is by consumers or Fed-x drivers. Agreed. That was why I was unclear about your meaning. Now I understand. I agree that there is less price sensitivity on lower ticket items - but I do believe there is some price sensitivity - and due to this, it is unclear on how much of an impact taxes might have. My experience from being in retail is on the lower end product, there is very little price sensitivity if the variation is less than 10%. On the other hand, on high end merchandise, price sensitivity is extreme and the variation can be as little as 3-4%. In other words, sales tax on a high end item is an issue and not so on a low end items in general. There are always those few individuals that will waste an hour to save a $1.50 and if not shopping on the net, spend $5 more in gas. Glenn