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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
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To: pigdog
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.

Jorgenson is quoted by Boortz and Linder and Fairtax.org and many more. Jorgenson was PAID by Americans For Fair Taxation to do said study. Dr. Jorgenson is the one who has done extensive research and modelled the fair tax. If Dr. Jorgenson says his 22% drop assumes wages were cut, the claims made using his figure is a lie if you are also claiming that you get 100% of your current wages. There is really no way you can spin out of it. Whether economist Joe Blow thinks prices will drop for other reasons, it has no bearing on this. The point is, FairyTaxers are quoting Jorgenson, but not presenting his findings accurately. In fact, they are inaccurate to the tune of $1.3 Trillion. A huge misrepresentation.

180 posted on 09/13/2005 10:44:45 AM PDT by Always Right
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