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To: Principled
Be honest please.

I wasn't be dishonest, but you are right, a 23% reduction would do it, so I stand corrected. But still I only see 8% of hard savings and a potential for 2-4% more. That means:

100 reduced by 10% is 90
90 increased by 30% is 117

So maybe a 17% increase in prices is where we will be at, which isn't that far out of the about 20% I said.

222 posted on 06/10/2005 1:26:57 PM PDT by Always Right
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To: Always Right
So maybe a 17% increase in prices is where we will be at, which isn't that far out of the about 20% I said.

Lets assume for simplicity that yes, the out the door price on a widget would go up 17%. Now, by what % is your take home pay going to increase?

224 posted on 06/10/2005 1:28:37 PM PDT by Phantom Lord (Advantages are taken, not handed out)
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To: Always Right
But still I only see 8% of hard savings and a potential for 2-4% more.

Well I see more. Hell just eliminating the employer payroll tax is a good chunk. If you're self employed, it's twice as big a chunk. ANd it's for every link in the chain, passed up to retail.

262 posted on 06/10/2005 1:53:55 PM PDT by Principled
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