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quaker bill

(8,224 posts)
12. BTW next time you hear this
Tue Jun 4, 2013, 09:25 PM
Jun 2013

ask which taxes are not "passed on". The correct answer is that all taxes are passed on. I make jewelry and sell it retail at art festivals.

I pay taxes on my sales and income. My prices are higher because I need to pay taxes. You (generically) buy jewelry with income that is taxed. Because you pay taxes, instead of buying the $50 piece, you buy the more affordable $30 piece. The dollars I get from you have been taxed, the products you buy from me have been taxed, the supplies I purchase to make the jewelry were taxed. At some point you get that it does not make a difference where the taxes are collected, because it doesn't on average, it all just smears out to some level in and on everything.

All money is taxed until it disappears, then new money is created by government spending. It is just the way it works.

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