Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article

To: pigdog
You aren't even willing to admit that prices will decrease when the cascading, embedded tax costs are removed and instead try to rely on the pretense that one economist said prices would decrease because wages decreased

As I have shown above, that is YOUR source, your ONLY source for the widely reported 22% drop. Time after time after time after time, FairyTaxers have misrepresented what Jorgenson said and have been doing it for over 7 years.

174 posted on 09/13/2005 9:51:29 AM PDT by Always Right
[ Post Reply | Private Reply | To 172 | View Replies ]


To: Always Right

Firstly it is not MY source as you keep trying to incorrectly state. And I have never stated "22%" which you seem insistent on putting in my mouth. And Jorgenson is hardly the only economist looking into the FairTax. Your claim of "misrepresentation" of Jorgenson's work is solely yours due to your erroneous assumptions of his meaning.

As for the price drop, that is certainly going to take place due to not the redction of wages but the removal of the cascading, embedded tax costs from prices.

The fact that you don't understand this doesn't bother me one bit since most reasonable people DO understand it - as well as most economists. So just keep up your never-ending barrage of vitrol about the FairTax. As it progresses you'll have plenty of time to admit how wrong you really are.


178 posted on 09/13/2005 10:28:44 AM PDT by pigdog
[ Post Reply | Private Reply | To 174 | View Replies ]

Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson