Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Mind-numbed Robot
Shall I slow down? Is that too fast for you?

The only thing you need to do is get a clue. The fairtax tax base is over $10 Trillion dollars. To have 20% 'embedded taxes' in those goods, means you have over $2 Trillion of embedded taxes. If you eliminate the $1.3 Trillion that EMPLOYEES pay through payroll withholding, that only leaves a TOTAL of less than $0.7 Trillion worth of all other federal taxes combined. Even including the grossly exagerated $300 Billion in complinace cost (which by the way are mostly employee time spent preparing their own tax returns and have nothing to do with the costs of goods) you are still $1 Trillion SHORT of coming up with $2 Trillion of 'embedded taxes'. You really have no clue and believe all the lies. The ONLY possible way to say that there are 20-25% of 'embedded taxes' in goods and services is to include all the taxes EMPLOYEES PAY. There is no other way around. The FairTax numbers are a fraud.

69 posted on 08/18/2005 4:02:59 PM PDT by Always Right
[ Post Reply | Private Reply | To 59 | View Replies ]


To: Always Right
I will return to my original assumption. You are too stupid to understand and if you really own a business I will be amazed. I think you are a lonely junior high school pretender and that being an obstinate freeper is your only life.
72 posted on 08/18/2005 5:13:51 PM PDT by Mind-numbed Robot (Not all that needs to be done needs to be done by the government.)
[ Post Reply | Private Reply | To 69 | View Replies ]

To: Always Right

No. Rongie, it's YOUR numbers that are the fraud. Payroll/withholding taxes do not enter into it (as has been repeatedly pointed out to you in the past).

And it is not "embedded taxes" but "embedded tax costs" which includes a lot more than just the taxes that businesses pay. That's also a repeat bit on information.

Nor is $300 billion exaggerated. In fact it is undoubtedly quite low. Most of the numbers from responsible sources range from 250 billion to over 1 trillion with 500 or 600 billion being fairly common. Even then there are other costs related to complying with the income tax laws as has been also pointed out before.

Your calculations do not begin to approach a correct calculation of embedded tax costs.

Please stop the Chicken Little misinformation campaign.


73 posted on 08/18/2005 5:15:05 PM PDT by pigdog
[ Post Reply | Private Reply | To 69 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson