Wednesday, July 9, 2014

Businesses and Hidden Taxes: Introduction

In this forth part of my series, I go into more detail about how and why the prices you are paying at the store are higher than the amount of this Hidden Taxes you don't know you are paying.


I share with you why I believe that Hidden Taxes making it harder for American businesses to compete in the Global Economy.  I also provide a suggestion by which business owners and managers can help make their customers more aware of how much they are paying in Hidden Taxes.

Using a someone detailed, but very readable financial model, I show how ending Hidden Taxes in favor of Transparent Taxes and lower the prices we pay in stores while still allowing government to collect the same amount in taxes that is currently being collected.

Topics discussed in this series:

Special Introduction to Business and Hidden Taxes.
The effect of Hidden and Transparent Taxes on Prices.
A Transparent Tax System would help business lower administrative costs.
A Transparent Tax System would help business lower prices without lowering profits.
Lower prices would create the potential for consumers to buy more.
Hidden Taxes and the Normal Business Practice of a Markup.
Buying more would increase demand.
Increased demand would increase profits.
A transparent tax system could increase demand for products of export businesses. (Repeated from part 3 with additional business oriented observations.)
Prices of stuff made for export currently include the cost of hidden taxes.
Removing these hidden taxes would allow prices to be lower without lowering employee wages or business profits.
Lower prices would help make export products more price competitive.
Extra jobs created as a result of increased sales of export products would increase consumer spending at home.
Suggesting a way for business to reveal their Hidden Taxes.

Thank you for taking time to read and ponder my opinion on this topic.
An Opinion Article by Dave Kemper
                   _________________________________

It has been said that: "One definition of insanity is to do the same thing, the same way, over and over and over again, each time expecting to achieve a different result."
Therefore, we must either CHANGE the way we live, or we bind our future to our past as if with CHAINS.
"I do not consider myself to be better than anyone else.  But I do believe in exercising my right to not stay stupid."

David W. Kemper, Author
© Copyright 2014 by David William Kemper.  All right reserved
No part or portion of this publication may be modified in any manner without the express written permission of the author.  Quoting from this publication is allowed on condition that the name of the author and the name of the publication are included.

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