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To: balrog666
So there will be no change in business compliance costs. Point to me.

As far as complaince costs goes, see AG's links. No points to you for making unfounded assertions.

Buy a clue, buddy. Benefits (and their costs) are here to stay in salaries and union contracts, NRST or no NRST. Result: No change in compliance costs or prices. Another point to me.

You're claiming that companies will maintain benefit programs that have no purpose simply out of inertia? Without income taxes, no one needs a 401k -- people can invest on their own. Without income taxes, no one needs a flexible spending account -- why apply for reimbursements when the money is already pre-tax? I'm not saying all benefits go away. I am saying that some become obsolete, and thus will be eliminated. No points to you for making no sense.

A magical 1% (or 5%) change in business interest rates will not change business costs or product prices for 95% of businesses because they don't finance their inventories like public companies do. So, no change in compliance costs or prices. Another point to me.

We're talking about a 25% drop in interest rates (again, I invite you to compare the yield on tax-free vs. regular bonds). While this by itself may be a small factor, I'm pointing out that a collection of small factors turn into larger factors. No points to you for arguing each piece of this as if it were the sole reason behind the numbers.

But that's okay, just keep your chin up. That way the drool won't drip onto your shirt.

The final refuge of someone who can't win on the merits: the personal insult.

277 posted on 03/04/2004 12:39:46 PM PST by kevkrom (Ask your Congresscritter about his or her stance on HR 25 -- the NRST)
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To: kevkrom
You're claiming that companies will maintain benefit programs that have no purpose simply out of inertia? Without income taxes, no one needs a 401k -- people can invest on their own. Without income taxes, no one needs a flexible spending account -- why apply for reimbursements when the money is already pre-tax?

Yes, if they have hired their people on the predicate of supplying just that in a total salary package. Otherwise they would be sued into the ground.

The final refuge of someone who can't win on the merits: the personal insult.

Here's a nickel, buy a sense of humor.


281 posted on 03/04/2004 12:47:08 PM PST by balrog666 (Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.)
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