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To: ancient_geezer
Under the income tax system today, when buying the same thing, he pays only that portion of federal tax per-se that happens to get passed on in the prices of goods and services.

Which you have been telling me for years is 30%.

507 posted on 06/11/2005 11:08:52 AM PDT by Always Right
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To: Always Right

Which you have been telling me for years is 30%.

No I have been telling you for years that the combination of federal taxes, tax system related costs on business, and increased efficiency providing growth in productivity allows reduction of producer prices by about 20-25% in the short term rising to 30% over time under competition for the consumer/investors dollar.

That however is not the federal tax per-se, passed through prices. But then you know that, as I have stated as much hundreds of times to you and others as well.

But nice try at a strawman, anyway.

509 posted on 06/11/2005 11:17:39 AM PDT by ancient_geezer (Don't reform it, Replace it!!)
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