April 18, 2019

Shoe Dog Vs. $2 Billion Sales Tax

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By Tootie Smith $2 billion sales tax proposed by the Super Majority of elected democrats on business will raise prices to consumers as it fails to consider profitability and cash flow. Nike founder, Phil Knight, in his book Shoe Dog, tells of a situation in mid-1970’s where he almost went bankrupt even though the company had gross sales of $40…

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