Re: textbook prices

[DSCHROEDER@cc.weber.edu]

> Dan and Paul,
>        The start of the escalation of book prices and the primary
> restructuring of the way books are sold was a Supreme Court Decision "The
> IRS verses the Thor Tool Company" if memory serves. Unfortunately I don't
> think you can blame this one on Reagan. Previously companies were not taxed
> or taxed at a lesser rate on spare parts, things that they did not sell
> every year. The court said no, so everything on inventory at the end of the
> year is taxed. Previously scholarly books were printed once and sold over a
> number of years. So the book companies raised their prices to reflect these
> new costs plus a little. Then inflation and increases in paper costs gave
> another hike, etc. 

> Gary Karshner

This is interesting and I'll look into it, but once again I'm skeptical,
because printing costs are a such miniscule fraction of the total cost 
of producing a book.

-Dan