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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Krowbar who wrote (249470)	4/20/2002 12:57:22 AM
From: Jorj X Mckie	Respond to of 769670

If you are a successful businessman, you know that you have to maintain a certain profit margin to remain in existence. Lets say that you make a widget made up of a couple of components. If the cost of those components go up, do you keep the price of your widget the same or do you pass the cost on to your customer? Taxes are a cost to you doing your business. An increase in your taxes is just as much an increase in cost for creating your widget as is an increase in the cost of a component. If your taxes are decreased on the otherhand, the cost of you doing business is also decreased. And since we live in a relatively free market, that means that there is competition. This means that you now have the ability to pass that cost savings on to your customer (or may be required to do so to remain competitive), thus causing them to buy more product....which in turn increases the tax revenue base. Same amount of taxes get paid, just in a cleaner process. If you are a successful businessman as you say, then you must understand this concept.