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To: lewislynn
For your 20% price reduction plan to work, employee's withholding would have to be sacrificed to the employer in hopes of them lowering their prices accordingly...hence the lower wages

The employee's cost to the employer is the gross cost, not the employee's net take-home pay. The gross cost under a NST sales tax would equal take-home pay. You might lower hourly wages but net take-home pay remains the same. .

105 posted on 09/07/2005 9:46:00 PM PDT by woodbeez (There is nothing in socialism that a little age or a little money will not cure(W. Durant))
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To: woodbeez
You might lower hourly wages but net take-home pay remains the same. .
My NOW net takehome becomes my NEW 100% paycheck with no withholding...got it.

Is that supposed to excite me when I'm facing being ripped off by a new 23% tax on what I have left after being ripped off by my employer?...This is what you're trying to sell as good?

I'm sure no one will be upset when they learn their hourly rate is being reduced..BTW, how does that fit into all that Fairtax "contract wage" talk?

Oh the tangled web you weave when you practice to deceive (or something like that).

107 posted on 09/07/2005 10:03:31 PM PDT by lewislynn (Status quo today is the result of eliminating the previous status quo. Be careful what you wish for)
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