Umm I see. Okay let us go back a bit and remind ourselves about exactly what we are talking about. In essance it is your position that a flat % rate of tax is fairer than differing % rates based upon differing wage brackets.
I have attempted to show that when it comes to percentages, it just is not that clear cut. My first gambit was to show you how 50% of 200K still leaves 100k, you replied with some sort of fallacy around losing an arm (perhaps one of our fallcy experts can tell me what sort of fallacy this is(Chris, Ian, I'm looking at you)). On 21 Aug, 14:48, BB47 <[email protected]> wrote: > On Aug 21, 1:56 am, "[email protected]" <[email protected]> > wrote: > > > Okay BB, try thinking of it this way. > > > Many years ago now I used to work as a butcher, I started out in that > > trade in a tiny little market butchers in the middle of a poor, > > underdeveloped, mainly black are of London called Peckham(any fans of > > 'Only Fools and Horses' here?) > > > Now my old boss used to work on a profit margin of 33 1/3 %. I still > > do a bit of butchery, evey Christmas time I work in my brothers high > > class shop in more affluent area of London. Now because his customers > > are very much richer than the inhabitantes of Peckham, he works on a > > profit margin of 200%. > > > By your definition of the word, this then is not 'fair', yes? > > Sorry, but I don't see it that way. If the customers are willingly > paying it, then it is a fair exchange. > Now if you are saying those customers have no other choice, another > "cheaper" butcher is not available, then I think it could be > considered unfair. Monopolies are not fair. The price should reflect > the cost plus a "reasonable" profit. I thought the 33% markup was > HUGE personally. Many businesses work on much less! For my current > thinking, it is the "willingness" and the "competition" of the market > that makes whatever exchanges that occur in itat least seem "fair" > but as Pat points out, we don't have the full information. > > > So my brother is makeing an unfair profit, or when it comes to profit > > is it fair to make a bigger one if you can? I mean these people can > > afford to spend more money on food, they don't mind that at all, so is > > it fait or unfair to make a bigger profit from them? > > If you are an honest person with integrity, then you have a desire > to serve your customers and give them a good product at a fair > price. By the way, you didn't mention if the service or the > environment or the display or the quality or anything about these two > butcher shops. Was there differences there that could account for > some of the price difference? --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups ""Minds Eye"" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/minds-eye?hl=en -~----------~----~----~----~------~----~------~--~---
