Comments on: Universal health care = political suicide? http://www.kevinmd.com/blog/2007/05/universal-health-care-political-suicide.html Wed, 15 Feb 2012 00:27:00 +0000 hourly 1 By: KipEsquirehttp://www.kevinmd.com/blog/2007/05/universal-health-care-political-suicide.html#comment-75020 KipEsquire Mon, 14 May 2007 14:10:00 +0000 http://clients.emmense.com/kevinmd/2007/05/universal-health-care-political-suicide.html#comment-75020 <i>"These corporate guys, they can't avoid this tax,"</i><br/><br/>Actually, the proposed gross receipts tax would have hurt retailers the worst, and they tend to be small businesses.<br/><br/>So, for example, if a corner grocer has only a 4% gross margin and the government imposes a 5% GRT, then the grocer is, by simple arithmetic, doomed to bankruptcy.<br/><br/>These are difficult concepts to exactly no one -- except politicians. “These corporate guys, they can’t avoid this tax,”

Actually, the proposed gross receipts tax would have hurt retailers the worst, and they tend to be small businesses.

So, for example, if a corner grocer has only a 4% gross margin and the government imposes a 5% GRT, then the grocer is, by simple arithmetic, doomed to bankruptcy.

These are difficult concepts to exactly no one — except politicians.

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