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Abstract

In the market place, buyers are normally charged, not according to their ability to pay, but according to the market value of what they buy. No means test is carried out when shoppers buy groceries, nor is any investigation made into their personal wealth. Yet, in the queues at the supermarket check-outs, there is no outcry against the same prices being charged to rich and poor alike without regard to financial circumstances. You pay for what you get; that is the Law of the Market.

Keywords

Corporate Taxation Insurance Premium Actual Expenditure Taxable Consumption Indirect Taxation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Robert Anthony Rayman 2013

Authors and Affiliations

  • R. A. Rayman

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