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To: pigdog; Your Nightmare; phil_will1; Principled; ancient_geezer; Always Right; rwrcpa1; kevkrom; ...
Just though you'd like to know pigdog has fimally admitted the truth of "imbedded" taxes.
pigdog #341: The amount of taxes collected from the higher prices under the embedded taxes of the present system are actually quite small.

350 posted on 07/24/2005 9:26:17 AM PDT by lewislynn ( Is calling for energy independence a "protectionist" act?)
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To: lewislynn
That's what we've all been saying. You are lying again.

Frequently, liars are also tax cheats.

351 posted on 07/24/2005 9:33:00 AM PDT by Principled
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To: lewislynn
Take off the dunce cap and put the thinking cap on, Looey.

The amount of taxes collected from the higher prices under the embedded taxes of the present system are actually quite small.

That does not say than the effect of embedded taxes is small, but that the taxes collected from the increase caused by embedded taxes is quite small - and it is.

If embedded taxes cause, say, 10% of the price as an increase in a $100 purchase, the profit on that $10 increase is almost vanishingly small; much less than the $10 increase itself.

Stop and think.

355 posted on 07/24/2005 9:59:25 AM PDT by pigdog
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