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<blockquote data-quote="wkmac" data-source="post: 988895" data-attributes="member: 2189"><p><a href="http://www.thefreemanonline.org/columns/tgif/the-power-to-tax-is-the-power-2/" target="_blank"><span style="color: #ff0000">The Power To Tax Is The Power To Tax</span></a></p><p></p><p>If I can compel you as a customer to buy my service and at the same time I'm able to restrict any competitor from the marketplace or restrict any other option from said marketplace, what restrains me from raising prices to any level I want? </p><p></p><p>If you say the gov't will act as the market mechanism to restrain prices, I'd respond that on an annual basis my profits are such that now I can pour millions into keeping the people I want in office who will maintain my monopoly thus I will maintain my prices as I see fit so again, what mechanism will you now use keep prices affordable?</p></blockquote><p></p>
[QUOTE="wkmac, post: 988895, member: 2189"] [URL="http://www.thefreemanonline.org/columns/tgif/the-power-to-tax-is-the-power-2/"][COLOR=#ff0000]The Power To Tax Is The Power To Tax[/COLOR][/URL] If I can compel you as a customer to buy my service and at the same time I'm able to restrict any competitor from the marketplace or restrict any other option from said marketplace, what restrains me from raising prices to any level I want? If you say the gov't will act as the market mechanism to restrain prices, I'd respond that on an annual basis my profits are such that now I can pour millions into keeping the people I want in office who will maintain my monopoly thus I will maintain my prices as I see fit so again, what mechanism will you now use keep prices affordable? [/QUOTE]
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