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Post by brandon on Feb 15, 2007 16:41:16 GMT -5
I argue that it comes from profits. So you're saying that taxes play no part on the price of products and services? Corporations pay the taxes from their own profits out of the goodness of their hearts without raising prices to cover their tax burden? Now I see your point.
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Post by billt on Feb 15, 2007 17:24:16 GMT -5
rich, i dodged nothing....OF COURSE, ALL the money a corporation takes in comes from their customers, and indeed they inculde everything, the cost of the product, the cost of marketing, the cost of labor, and a margin of profit...those ALL are part of the retail price.
the MONEY comes from the consumers, the profits are then taxed, so the money came from PEOPLE, the rest of profit after taxes goes to PEOPLE(minus the taxes they would have got paid).
FACT all the money paid in taxes came from the PEOPLE.
rich do you think that when a company goes bankrupt, that the "corporation" still owns stuff?
when a business closes, does the building remain owned by the business that closed?
the shareholders/owners of businesses OWN ALL the assets any corporation has.
this is really simple stuff rich, amazing you cant grasp basic common SENSE!
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Post by billt on Feb 15, 2007 17:40:09 GMT -5
also rich, you missed a HUGE opening burt or kurt gave you, when one of them called you a "sleazeball" how is that any different from the wording others used on the attack machine show?
B & K both DO the very things they say others shouldnt.
one of them chews tobacco but condemns smokers.
they BOTH make fun of callers.
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Post by billt on Feb 15, 2007 17:41:31 GMT -5
actually ALL the hosts make fun of callers, AFTER they hang up and simply put that is a very GUTLESS thing to do.
say it while the person is on the line and allow them a chance to rebut, OR dont say anything about them at all after they get cut off!
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Post by lawman on Feb 15, 2007 17:46:45 GMT -5
also rich, you missed a HUGE opening burt or kurt gave you, when one of them called you a "sleazeball" how is that any different from the wording others used on the attack machine show? B & K both DO the very things they say others shouldnt. one of them chews tobacco but condemns smokers. they BOTH make fun of callers. You are 100% correct!
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Post by W.O.M.I on Feb 15, 2007 19:48:09 GMT -5
I don't think Hillary is interested in taking people's profits- Just ending corporate welfare and our Subsidizing say OIL when its at its peak profits. rich- I'll dig up the quote and provide a link to it but, just a week or 2 ago, Hillary said during a speech that (and I'm going from memory so this is a paraphrase) 'Exxon/Mobil had made a record profit of ~$40 billion and I want to take that profit and put it into a fund to advance alternative/renewable energy sources'. The "I want to take that profit..." is a direct quote. I think it shows that she believes that all money is the government's money first and that they should 'allow' you to keep only what portion they magnanimously deign you worthy of keeping. It's the latent Socialist in her breaking through her...ahem...'moderation'. Bill Clinton thinks exactly the same way. He was asked back in the 1990s why he so adamnantly opposed local school systems having more fiscal control of their own school districts rather than the Dept. of Education having control in Washington. His reply was "It's not their (local school systems) money." Ideological objections to such thinking aside, if she "takes" their profits, with what do they fund new exploration and develop and refine new technologies? Profits currently fund those expenses. Of course, if your goal is to prevent new exploration and the oil companies from working on new technologies, then such a concept makes even more sense.
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Post by phinehas on Feb 15, 2007 19:54:28 GMT -5
See my Hillary Clinton and Profit seizure thread in the National Board and you can watch her say it on youtube. That way you can see the disgust on her face.
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Post by richbrout on Feb 15, 2007 20:31:53 GMT -5
I believe you Phin and if she said that she is WRONG.
BILLT- to the extent that any money a company makes comes from people DUH.
YET A CONVENIENCE STORE CHARGES .75 for a coke I can get at the grocery store for 125% less. SO..........If the government has a corporate tax rate of 35%, Coca Cola won't raise the price of a coke at the convenience store by 35%.......It will come from their GREATER than 125% profit margin.
When a company goes bankrupt...they sell all the possesions(assets)to cover the debt. I'm a share holder in a few companies..since i OWN STOCK IN fED Ex can i walk in and help myself or get a cheaper rate....of course not.
BRANDON-the point is that what a product will sell for on the market i.e. what they are able to move enough units at the highest price they can get-is the largest determinant of price. It influences price much more than the cost to make and market---This should be pretty simple since ALL SUCCESSFUL businesses sell their product above the cost of making/marketing the product......I mena you don't have much discretion in this area of the pricing--YOU HAVE TO SELL FOR OVER WHAT IT COST YOU TO MAKE/Market------HOW much over that the buyers will pay is where the price is determined.
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Post by billt on Feb 15, 2007 20:47:26 GMT -5
actually rich, coke does charge different prices based on sales volumes and at a convenience store the price increases reflects the "convenience" of the purchase and they because of their great locations have higher costs.
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Post by richbrout on Feb 15, 2007 21:49:23 GMT -5
BILLT-
THE POINT IS THAT THEY HAVE SUCH A HIGH PROFIT MARGIN, THEY HAVE ALOT OF DISCRETION AS TO WHAT THEY CHARGE!!!!!!!
This is the opposite of what YOU have stated that the cost of making/Marketing the product are the main determiners.
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Post by billt on Feb 15, 2007 22:05:39 GMT -5
rich the convenience store didnt "make" the coke and they spend almost nothing on the marketing end for that one item.
they BUY the product and resell it for a profit so their costs are thr product itself and the cost of the location they place it.
the grocery store doesnt sell singles for 33 cents rich either, when you buy in bulk you get a discount.
our disagreement remains, i say total cost is a HUGE factor in retail price.
you say it has NO IMPACT because you can find a RARE example of items marked UP higher at convenience stores.
rich having been a manager of a local bowling center, i ordered and submitted paperwork for payments to/from soft drink vendors.
coke had us under contract paying MORE than wal mart sold retail for the same cokes.
I could have bought them cheaper at wal mart but their contract forbids that from happening.
why doesnt that same store you mention sell gas for a buck a gallon rich?
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Post by richbrout on Feb 15, 2007 22:19:26 GMT -5
BillT-
We could be here till we are both old and gray. This is totally unproductive and to be honest getting tiresome.
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Post by Ishmael Boorg on Feb 15, 2007 22:24:52 GMT -5
too late hes already old and gray
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