How does tax impact the price of a commodity?
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eldon Apprentice
Joined: 05 Feb 2008 Posts: 3
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Posted: 04/28/08 - 07:55 Post subject: |
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| I’ve read so much about taxes, experienced at least half of that, but I have never saw commodity tax question. Therefore I would like you to tell me something about tax impact regarding the price of a commodity, so that I can pass it to my co fellows and explain them why commodity money is not really always the best solution. They are all so thrilled. |
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ulick Apprentice
Joined: 25 Apr 2006 Posts: 2
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Posted: 05/28/08 - 03:26 Post subject: |
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| There is this interesting tax, it is called excise tax and it is there to describe your duty on each commodity. Important thing about this tax is that, if you are buying commodities, you may pass badly, comparing to those who are selling it. It is, kind of, reverse obligation. If you think for a while, you’ll realize that it is quite logical, since commodities are, in some manner, reverse version of money. |
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