[Your Nightmare]

Look at the whole picture:

Presently, the cost of imbedded taxes raises prices 20 to 25%.

Presently, the feds take 20 to 30% of your INCOME.

So taxes are 20-25% of prices and 20-30% of income?

Come on, do the math. That would be between $4 and $5 trillion dollars in taxes collected!

[kevkrom]

Come on, do the math. That would be between $4 and $5 trillion dollars in taxes collected!

The cost of imbedded taxes is larger than just the taxes paid -- it includes complaince costs, lost opportunity costs, higher interest costs, and so on, none of which shows up as federal tax revenue, yet still shows up at the cash register.