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Labor cost does go down. At each stage in the chain, no more employer "contribution" payroll taxes have to be recovered in prices. At each stage of the production chain, no more income taxes have to be recovered in prices. At each stage of the production chain, no more compliance costs - well, 90% of compliance costs are gone from each stage - that no longer have to be recovered in prices, and at each stage of the production chain, no more tax overhead costs have to be recovered in prices.

These cost come to 20-30% of existing prices, depending on which research you examine.

The elimination of 23% and the subsequent addition of the same amount yields an equivalent total.

These cost come to 20-30% of existing prices, depending on which research you examine.

You are not reading this research correctly. That 20+% is due to the extra money that employers have to pay their labor in order to get the workers' take-home pay to what they expect/'need'. It is NOT from compliance costs. There are compliance costs, but these are small compared with the labor component I've just described.

To claim that "employees' gross pay stays the same, and gross prices stay the same" is ridiculous: The Feds get their money, the employee gains because he gets his gross salary instead of his net salary, and prices stay the same!

You guys are either proposing not only Perpetual Motion, but energy from nowhere. to me, it sounds like snake-oil to drum up support.