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Suppose a business buys goods at $80 and sells them for $100. You're suggesting that his profit is $100 and he should be taxed on $100 income?


That's how sales tax generally works, no?

(Which suggests that the cost gets passed along and so it is a hit to the renter.)


> That's how sales tax generally works, no?

Yes, which is why a VAT is much saner than a sales tax.




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