And it's not JUST "corporate income taxes" as you well know, but all business income taxes that are involved. And the VAT-like I.T. cascades through them all - adding unnecessarily to the costs of things. That's one of the reasons why prices will drop with the advent of the FairTax.Not only that but:
You don't seem to understand that the hidden taxes are not taxes paid into the Treasury Dept. as income tax (business or otherwise) but are prices increased by the cascading of business income tax costs into prices that are passed on to further levels in the production/distribution chain. They cause artificially increased prices due to downstream income taxes that have cascaded into increased costs for things eventually bought by consumers.518 posted on 03/02/2006 7:15:48 PM PST by pigdogYou SQL Studs don't grasp the concept but most who think about it will certainly understand that prices are artificially boosted due solely to taxes that businesses pay and these inflated prices are merely a hidden tax on the consumer that is in addition to any income taxes paid.
Your and the other Squirrels' efforts of trying to claim that the discussion relates to taxes paid to the government are meaningless. The discussion is about prices (not taxes) being needlessly inflated by such hidden taxes. That's why they are called "hidden". DUH!!!
It's all of that AND a VAT!?
After trying to read any logic into that rant about taxes not going to the government treasury as tax (where do they go?) it's hard to figure which is hidden, the tax in the price or the price in the tax.
That was classic pigdog.
As you've demonstrated you should never, NEVER attempt "figuring". None of you disciples grasp the hidden tax concept - of course not, since doing so destroys your incorrect notion that prices will rise after the I.T. is removed and before the FairTax is applied.
You also keep trying to claim wages will decline or at leasy fall to existing takehome values. That's wrong, too.
So post all the out of context snippets you wish; you're not going to alter the truth (nor even admit it, apparently).