How do sales taxes deter the movement of assets to higher valued uses?

IMAGINE A SALES TAX OF 8%:

SELLERS COST IS AT 10

SELLER RECEIVES PRICE*(92%)

 

TRANSACTION TAKES PLACE IF PRICE IS ABOVE SELLER’S VALUE.  SO SELLER WILL NOT SELL UNLESS 

 

SELL IF .92*PRICE>10 OR PRICE>10/.92=10.8696

 

SO SELLER ACTS AS IF HER BOTTOM LINE PRICE RISES FROM 10 TO 10.87

BOTTOM LINE: 

TRANSACTION WILL NOT OCCUR IF BUYER VALUE IS LESS THAN 10.87

TRANSACTIONS THAT CREATE LESS THAN 8.7% OF WEALTH DO NOT OCCUR.