I agree there are hidden/embedded taxes, but most of them are embedded taxes in labor costs which cannot be wrung out, unless all Federal taxes are removed. A worker will still require the same gross salary whether he pays his tax on income or on ecpenditures.
I agree there are hidden/embedded taxes, but most of them are embedded taxes in labor costs which cannot be wrung out, unless all Federal taxes are removed.
What labor-cost tax are they that make up the majority of hidden/embedded taxes? Payroll taxes are removed, FICA is removed, the cost to do the records and paperwork to comply is removed. Those are easily majority of embedded labor cost taxes.