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To: Your Nightmare
So, whose assumptions do we trust? The economist's or your's?

In way you are right and in a way you are wrong. Their economists do assume all the costs of taxes are born by the consumer. But they also assume that the costs of payroll taxes are born by the employee also. And then they also assume those same taxes are also born by the employer. It is that type of double and triple counting their benefit that their bought and paid for economists come up with the outrageous numbers they do.

482 posted on 02/16/2005 2:42:23 AM PST by Always Right
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To: Always Right
In way you are right and in a way you are wrong. Their economists do assume all the costs of taxes are born by the consumer. But they also assume that the costs of payroll taxes are born by the employee also. And then they also assume those same taxes are also born by the employer. It is that type of double and triple counting their benefit that their bought and paid for economists come up with the outrageous numbers they do.
I stand corrected.
492 posted on 02/16/2005 5:53:58 AM PST by Your Nightmare
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