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To: lucysmom
Blah, blah, blah. Just show me in the legislation where the employee's gross pay is affected.

Prices will not fall by the equivalent amount of the FT rate. They will tend to fall around 10-15% after the removal of corporate taxes, corporate payroll tax and compliance. Gross pay goes up by 20% and prices go up by about the same amount after the consumption tax is levied.

29 posted on 04/17/2008 8:22:00 AM PDT by groanup (Politics, dog ticks, wood ticks and bed ticks. They're all parasites.)
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To: groanup
Just show me in the legislation where the employee's gross pay is affected.

The same place where it says prices will fall 10-15% and gross pay goes up 20%.

30 posted on 04/17/2008 10:09:46 AM PDT by lucysmom
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