4 ms·
Are you trying to say that tax payers are subsidizing the entire retail industry? No, that is definitely not the case. Different amounts of value are added at
by harryh 7y ago
Are you trying to say that tax payers are subsidizing the entire retail industry? No, that is definitely not the case.
Different amounts of value are added at different stages of the product pipeline. These different amounts of value are reflected in different profit margins. Forcing uniformity here via the tax code would be massively distortionary.