I know you are really not that dumb. The study clearly included taxes employees paid as a basis for prices falling 20%. This is so black and white it is not even funny. You are intentionally ignoring what the study that provided the basis for the claim says.
The study clearly included taxes employees paid as a basis for prices falling 20%.
Only to one with their eyes closed.
This is so black and white it is not even funny.
It is indeed, repeal of all federal income and payroll taxes, means that both the wage earner and the business gain.
The business realize a gain in through their deceases in overhead costs due to repeal of the business side of income and payroll taxes.
The individual realizes a gain in takehome pay from no longer having income and FICA withheld from his contracted gross wage.
You are intentionally ignoring what the study that provided the basis for the claim says.
Hardly, as I find the study clearly indicates a substaintial increase in productionand GDP which can only result in higher demand for labor. Higher demand for labor pressures wages upward attracting greater labor supply, not downward as you would apparently like to believe in contradiction to just bottom line economics.
It appears to me to be more of a case of your overlooking inconvenient results hoping others don't see larger picture presenting just the opposite that you would like to make of it.
For those cannot support their position with the facts and truth about something,
“Truth, Sir, is a cow, which will yield such people no more milk, and so they are gone to milk the bull.”
--Samuel Johnson