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IWETHEY Home / IWETHEY Board / Money, Financials, and Economics Forum / tax costs of production
Post #319,809
by boxley
1/9/10 5:31:39 PM
Reply
New tax costs of production
not profits. Since everyone currently inflates costs to minimize taxes owed it would work in reverse, the goal would be to minimize cost and introduce efficiency. At the retail level the cost basis is at the point of sale so that percentage is collected there.
Yes this will never work for those who believe one doesnt have assets, only a loan from the government but for everyone else it may be useful
Post #319,811
by Andrew Grygus
Picture of Andrew Grygus
1/9/10 6:49:12 PM
Reply
New Yeah, I remember the days of "cost plus 10%" contracts.
Hooo boy did they make some nice equipment back then. Nothing like the junk made since McNamara introduced "efficiency". Yes, it was expensive, but it worked, and it lasted.

Taxing cost will simply make consumer products more "efficient" then the barely usable trash we get today, and in even flashier packaging (to compensate for the lack of quality).
Post #319,844
by lincoln
1/10/10 4:49:38 PM
Reply
New Re: tax costs of production
That'll continue the movement of jobs out of the US to third world countries even faster than today's current pace.




"Chicago to my mind was the only place to be. ... I above all liked the city because it was filled with people all a-bustle, and the clatter of hooves and carriages, and with delivery wagons and drays and peddlers and the boom and clank of freight trains. And when those black clouds came sailing in from the west, pouring thunderstorms upon us so that you couldn't hear the cries or curses of humankind, I liked that best of all. Chicago could stand up to the worst God had to offer. I understood why it was built--a place for trade, of course, with railroads and ships and so on, but mostly to give all of us a magnitude of defiance that is not provided by one house on the plains. And the plains is where those storms come from."

-- E.L. Doctorow
Post #319,850
by boxley
1/10/10 5:29:24 PM
Reply
New naw, you have a rising cost of fuel
be cheaper in many cases to keep it here. Furniture making is returning to north carolina because of shipping
Post #319,860
by folkert
Picture of folkert
1/10/10 9:08:24 PM
Reply
New Not quite yet...
Grand Rapids hasn't seen a come back in the furniture yet.
Post #319,942
by lincoln
1/12/10 4:42:59 PM
Reply
New Re: naw, you have a rising cost of fuel
From today's Chicago Sun-Times:


Factory-job losses among worst in 98 yrs

A publisher of industrial directories said Monday that losses in factory employment in the Chicago area are among the steepest it has seen in 98 years of compiling data.

Manufacturers' News Inc. said Chicago has lost 8 percent of its industrial jobs since late 2008, bringing the total number of jobs to 114,092. Over the same period, it said, industrial employment fell 6 percent in northeast Illinois, to 593,370 jobs.

Statewide, 51,925 jobs and 709 companies have been lost since late 2008, the publisher said. It reported Illinois now has 854,081 industrial workers at 20,079 employers. Twenty years ago, its database had 1.1 million industrial jobs in Illinois.

Tom Dubin, president of Manufacturers' News, said the recession has worsened employment declines that already were occurring because of automation and the relocation of work overseas.



source: http://www.suntimes....ndustry12.article




"Chicago to my mind was the only place to be. ... I above all liked the city because it was filled with people all a-bustle, and the clatter of hooves and carriages, and with delivery wagons and drays and peddlers and the boom and clank of freight trains. And when those black clouds came sailing in from the west, pouring thunderstorms upon us so that you couldn't hear the cries or curses of humankind, I liked that best of all. Chicago could stand up to the worst God had to offer. I understood why it was built--a place for trade, of course, with railroads and ships and so on, but mostly to give all of us a magnitude of defiance that is not provided by one house on the plains. And the plains is where those storms come from."

-- E.L. Doctorow
     AngryBear: The Psuedo Psychology of Psupply Pside - (Another Scott) - (9) - Jan. 8, 2010, 11:09:36 PM EST
         was a study done eons ago - (boxley) - (8) - Jan. 9, 2010, 07:46:23 AM EST
             Eh? - (Another Scott) - (7) - Jan. 9, 2010, 10:39:21 AM EST
                 Which is why we don't do that - (jay) - Jan. 9, 2010, 12:38:37 PM EST
                 tax costs of production - (boxley) - (5) - Jan. 9, 2010, 05:31:39 PM EST
                     Yeah, I remember the days of "cost plus 10%" contracts. - (Andrew Grygus) - Jan. 9, 2010, 06:49:12 PM EST
                     Re: tax costs of production - (lincoln) - (3) - Jan. 10, 2010, 04:49:38 PM EST
                         naw, you have a rising cost of fuel - (boxley) - (2) - Jan. 10, 2010, 05:29:24 PM EST
                             Not quite yet... - (folkert) - Jan. 10, 2010, 09:08:24 PM EST
                             Re: naw, you have a rising cost of fuel - (lincoln) - Jan. 12, 2010, 04:42:59 PM EST

Anyone for a glass of gloat milk?
67 ms