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To: jess35
The mathematically challenged can't understand the concept of imbedded taxes and they're too in love with the idea of income redistribution as long as it's flowing into their pockets.

There is no imbedded taxes with the flat tax. Workers and businesses are only taxed once.

86 posted on 05/29/2005 9:18:17 PM PDT by Extremely Extreme Extremist (Harmful Or Fatal If Swallowed)
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To: Extremely Extreme Extremist

"There is no imbedded taxes with the flat tax. Workers and businesses are only taxed once."

Incorrect. Profits are only taxed once. However, each level in the supply chain adds corporate income and payroll taxes to the cost which accumulates as products move up through the system. That makes US goods less competitive in the global economy than they should be.


104 posted on 05/30/2005 6:17:40 AM PDT by phil_will1
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