How do you figure that? As I understand it, the over all average of embedded taxes is going to approach the average tax rate for income, adjusted down a little by the payroll tax.But the total embedded taxes can't equal more than the taxes collected. I used the total corporate income taxes collected from all sources and divided it just by the FairTax base + exports. If I had divided it by the larger base the percentage would have been lower.
If you take all taxes coorporate income taxes collected, plus all payroll taxes collected, and divide it by all the FairTax sales price and all the export salesprices, then I am misunderstnading something.