[robertpaulsen]

"Whoever "pointed that out" to you needs to have his pointer examined since for a year or more now there has been no such number used for embedded tax. The figure used presently (which the naysayers stipulated to) is 9%, not 22-23%"

Mr. Boortz hisself.

"The extensive research behind HR 25, The FairTax Bill, shows that the average embedded taxes in every consumer product or service is about 22%. In some industries, such as leather goods, the embedded tax is smaller. In other industries, such as homebuilding and construction, the embedded tax is higher, but it averages out to somewhere between 22 and 23%. With the passage of The FairTax Bill, those embedded taxes disappear. These embedded taxes include the combined tax burdens of all entities involved in bringing those goods or services to market, and that includes you, the employee, and the taxes you incur as a result of your employment."

"since for a year or more now there has been no such number used"?

What? And if I wait another year, what will the number be?

[pigdog]

You can search through every thread on FR and should you do so you'll not find me agreeing with Boortz on this claim - since I don't. As I said, he needs to have his pointer examined if that's an accurate quote.

And keep in mind that Boortz is attributing this to research behind the FairTax ... most likely one of Jorgenson's studies. Other economists have shown other interpretations.

Regardless - the 9% figure I gave is the figure that even the naysayers have stipulated to here and that's the price reduction used in our comparative purchasing power studies. If you wait another year it isn't likely to drop below 9% on these threads but might increase to, say, 12-15%, As for The FairTax Book - who knows???