Everything has embedded taxes. I'm not talking about the 7% sales tax or local taxes. I'm talking about the materials, labor, etc... that was required to bring that product to market. At every stage there were taxes and you end up paying these taxes in the end. For example, a company buys the material, that's taxed, a laborer sews a few seems his pay is taxed and the company must match some of those taxes..... There's much more but you get the idea.
2007-03-09 02:19:43 · 2 answers · asked by Keith C 2 in Business & Finance ➔ Taxes ➔ United States
It depends on how many levels there are... you have the costs that go into producing the material (if cotton, the cost of growing, cleaning, forming into fabric...) and then that goes on to those who make it and then to those who sell it... if there's a warehouse inbetween, you have an additional level. I'd say over 50%, depending on what brackets there are.
2007-03-09 02:24:51 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Why do you care?
What is the purpose of your question?
2007-03-09 12:36:30 · answer #2 · answered by r_kav 4 · 0⤊ 0⤋