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To: DugwayDuke
Meanwhile, Joe Six-pack is caught between his wages and the NRST price increase. His purchasing power is drastically reduced...

Remember, though, no withholding, either for federal tax or FICA under NRST, so his take home will be more than he is used to.

353 posted on 06/07/2005 2:59:11 PM PDT by JTHomes
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To: JTHomes

I understand that, but it remains to be seen if that makes up for the NRST particularly in the short run while the economic system adjusts to the NRST. It will take time for prices to reflect the change in the tax structure.


354 posted on 06/07/2005 3:25:38 PM PDT by DugwayDuke (Stpuidity can be a self-correcting problem.)
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