Well....no. Joe Sixpack still pays for it, but not in the form of increased prices- he pays for it in lost jobs. Cost of goods remains the same...selling price is fixed by the market, and every competitor is trying to keep selling price down to gain market share- so, the only way to really make back the profit lost to taxes is to cut expenses- and PAYROLL is the largest controllable expense. 1st goes all overtime- next goes headcount. Joe Sixpack pays in JOBS.
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Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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