Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
The FairTax
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="steeltoe" data-source="post: 365812" data-attributes="member: 9491"><p>These are the taxes that are paid by companies when they produce a product. That $1,000.00 TV has these taxes passed on into the price of the TV. Every company must pay payroll taxes for their employee's. This tax is gone, therefor they can make that television cheaper. In addition, the TV maker is paying tax on all the products that they buy from their vendors to make the television, therefore, the cost of the products they buy to make the TV goes down and cost them less to build the TV. </p><p> </p><p>If you make $50,000.00 per year, you cost your employer additional money in payroll taxes. You could cost the company over $60,000.00 per year in order for you to make $50,000.00 per year. The company would no longer pay these taxes, therfore passing the savings to their customers in the price of their prooduct. The price of the product goes down due to copetition.</p></blockquote><p></p>
[QUOTE="steeltoe, post: 365812, member: 9491"] These are the taxes that are paid by companies when they produce a product. That $1,000.00 TV has these taxes passed on into the price of the TV. Every company must pay payroll taxes for their employee's. This tax is gone, therefor they can make that television cheaper. In addition, the TV maker is paying tax on all the products that they buy from their vendors to make the television, therefore, the cost of the products they buy to make the TV goes down and cost them less to build the TV. If you make $50,000.00 per year, you cost your employer additional money in payroll taxes. You could cost the company over $60,000.00 per year in order for you to make $50,000.00 per year. The company would no longer pay these taxes, therfore passing the savings to their customers in the price of their prooduct. The price of the product goes down due to copetition. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
The FairTax
Top