Tuesday, March 29, 2016

My letter to the Philadephia Inquirer re: The consumer always pays

Dear Sirs:
I have been following your reporting of Mayor Kenney's proposed tax on sugary drinks. Please keep one thing in mind--consumers pay every tax; corporations merely collect it. Coca Cola and Pepsi must pass on the cost of any tax to the consumer or go out of business. Do not be confused with supposed "research" that shows that not all previous taxes were passed on to consumers. ALL business expenses are borne by the consumer of the final product.

Patrick Barron

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