This is very simplistic. Gas Holiday.

Originally posted May 5, 2008 on Boudica BPI Weblog. No new content is being posted there. New content is now being posted to Boudica 2015.

This is very simplistic. Gas Holiday.

I sell widgets and it costs me $8.00 to make one. I sell them for $9.00 and make a dollar profit. The government has a $1.00 tax per widgit. I make $1.00. They are going to eliminate the $1.00 widget tax so widgets will cost $9.00 not $10.00 Hip hip hooray. They are then going to tax me $1.00 to replace the lost tax. I now have to sell widgets at $10.00 to make my profit of $1.00 and they will tax tax me the $1.00 per widget. Nobody benefits except the politicians that are promising something for nothing. WAKE UP PEOPLE. I am sure that economists and others will have a million reasons why what I say is wrong, but education doesn’t always make common sense. Think about it.

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1 Response to This is very simplistic. Gas Holiday.

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