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Old 11-13-2011, 01:37 PM  
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Originally Posted by RedJeepXJ View Post
google "pork checkoff" producers pay a tax on the value that is used for lobbying efforts among other things....
I get it, but it wouldn't be passed on to the consumer (as with corporations) since pork prices are dependent upon the futures market.
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Old 11-13-2011, 02:17 PM  
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Originally Posted by Eddie_T View Post
I get it, but it wouldn't be passed on to the consumer (as with corporations) since pork prices are dependent upon the futures market.
now there's an illogical argument, so (If I remember correctly you agree with the republican argument that taxes on PROFIT get passed on to the consumer) but you think this will not get passed on because of a futures market???? what??? do you even know how a futures market works, it doesn't just magically absorb a gross tax
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Old 11-22-2011, 12:06 AM  
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Originally Posted by RedJeepXJ View Post
now there's an illogical argument, so (If I remember correctly you agree with the republican argument that taxes on PROFIT get passed on to the consumer) but you think this will not get passed on because of a futures market???? what??? do you even know how a futures market works, it doesn't just magically absorb a gross tax
A seller sets a price that permits a profit after all expenses (or a professional employee in good times negotiates a salary that yields enough after taxes to meet his needs). However the futures market determines prices of pork bellies (for example) and the seller has no control.
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