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To: Your Nightmare

taxes that are invisible are the tax costs that increase prices of goods and services -
you know that. what are you getting at?

costs (tax costs or any other costs) are all ultimately paid for from increased prices, lower wages, or lower returns to investors. i think it would help keep taxes and spending down if we knew how much of of the prices we pay are actually fed tax. i think it would help keep taxes and spending down if we knew how much our wages were reduced to pay fed tax costs. i think it would help keep taxes and spending down if we knew how much tax is being confiscated from our investment retirement earnings.


not many people know that prices are artificially high and wages and return are artificially low due to unseen taxes. i think that's one of the reasons people aren't too uptight about the tax they pay - b/c they don't even know how much tax they pay.


108 posted on 09/20/2004 5:35:32 PM PDT by Chilldoubt
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To: Chilldoubt
taxes that are invisible are the tax costs that increase prices of goods and services - you know that. what are you getting at?
Which taxes specifically do that. I'm know how much I pay in income taxes and payroll taxes (and therefore how much my employer pays in payroll taxes). So what's left? Corporate income taxes, excise taxes, and what?

What I'm getting at is that only a small portion of current taxes could possibly be "hidden" and that a larger portion would be hidden (due to govts paying sales tax) with the FairTax.
109 posted on 09/21/2004 7:02:07 AM PDT by Your Nightmare
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