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To: lewislynn
33 yrs. in business, millions of dollars in sales and you still haven't been able to show me how prices can be reduced 20, 30, 40%?...I've shown you my example, now lets see yours.

That's because they can't. Let's take a look at the numbers:

NRST Base - 2003
$8,865 billion
Mythical Price Reduction (22% of Base) in $
$1,950 billion
Total Corporate Tax - 2003
  (including business portion of FICA)
$565 billion
Remainder (corporate tax compliance costs???)
$1,385 billion

And this doesn't include consumption that would have the embedded taxes in it also (exports, education, etc.). Education would have added another ~$150 billion to the base. Exports would add ~$1,000 billion.

So that leaves $1,385 billion that would have to be spent on corporate tax compliance. Nearly one-and-a-half trillion! That number is totally ridiculous. Even these NSRT cultists couldn't claim that number.

184 posted on 08/26/2004 8:21:15 AM PDT by Your Nightmare
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To: Your Nightmare

Now they know why they've been told not to "waste their breath and bandwidth" by the corporate fat cat's puppets...Facts just keep getting in their way.


185 posted on 08/26/2004 8:35:05 AM PDT by lewislynn (Why do the same people who think "free trade" is the answer also want less foreign oil dependence?)
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To: Your Nightmare

So that leaves $1,385 billion that would have to be spent on corporate tax compliance. Nearly one-and-a-half trillion! That number is totally ridiculous.

Not at all, considering secondary effects of increased productive use of resources creates that remainder as a consequence not of just release of first order corporate costs related to taxes, but economic growth as well.

Remember, one of the effects of going to an NRST is the increased capital investment by individuals. Capital investment and advantageous tax treatement stimulating new industry, and increasing productivity factors on existing business.

188 posted on 08/26/2004 9:04:18 AM PDT by ancient_geezer (Equality, the French disease: Everyone is equal beneath the guillotine.)
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