You haven't been paying atention, Looey.
The amount of taxes collected from the higher prices under the embedded taxes of the present system are actually quite small. I gave an example of a $100 purchase that ended up with (very generously) a $3.75 tax revenue amount which, under the FairTax, would have been $23.00.
The tax "contribution" of an income tax system is on the profit involved which is even smaller than the higher prices caused by the tax cascading. One determines that using arithmetic, BTW.
pigdog #341: The amount of taxes collected from the higher prices under the embedded taxes of the present system are actually quite small.
The amount of taxes collected from the higher prices under the embedded taxes of the present system are actually quite small.Double talk or contradicting yourself? One or the other for sure.----
The tax "contribution" of an income tax system is on the profit involved which is even smaller than the higher prices caused by the tax cascading....
There is no "tax cascading" but if you think you can prove there is by using your 2+2=5 "arithmetic", let's see your new math...You can be the first.
Oh, BTW use any kind of math you want but 7.65% of one employee's wage or 7.65% of 10 million employee's wages is still only 7.65% of all wages.