Re:Peter Thiel will speak at GOP convention
by SilasX on Thursday July 14, 2016 @05:15PM
(#12097218)
>Also not all of sales tax really falls on me. Some % falls on the provider of the goods in the form of lower prices. It depends on the price elasticity of the product in question. Taking this into account would only further complicate the question.
That's true for all taxes, but not a reason to arbitrarily clip (only) one out and tell someone he's wrong for including it.
Also not all of sales tax really falls on me. Some % falls on the provider of the goods in the form of lower prices. It depends on the price elasticity of the product in question. Taking this into account would only further complicate the question.
[1] I'm a very precise record keeper of my income taxes now after I screwed something up years ago which cost me $$$. I keep everything in a github repository. It's pretty awesome actually. Highly recommended!