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Old September 6th 04, 01:44 PM
Wdtabor
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In article , "Peter Gottlieb"
writes:


The result is that taxes most definitely DO affect businesses, and since
they cannot pass along all additional expenses to their customers, part of
the tax decreases their profit and so effectively the business owners DO pay
taxes (separate from their personal income taxes, that is).


A tax placed on bakers with names starting with the letters A to M could not be
passed on to the customers because of competition from bakers with
alphabetically later names, but a tax placed on ALL bakers simply raises the
cost of bread, since there are no alternate sources for the product unaffected
by that cost.

--
Wm. Donald (Don) Tabor Jr., DDS
PP-ASEL
Chesapeake, VA - CPK, PVG