Replies

You are the one who has to LIE, LIE and LIE as I am considerd a 'Fairtaxer and have always said nothing other than "All goods and services produced in the United States already contain the embedded costs of the current tax system in their prices."

They can't admit that Bigun since it completely destroys the entire basis of their arguments.

'Fairtaxer and have always said nothing other than "All goods and services produced in the United States already contain the embedded costs of the current tax system in their prices."

I can find numerous definitions for 'embedded taxes' from fair taxers and none of them match your new and improved fuzzy definition.

Fair Tax Book Debuts #1 NYT (Non-Fiction)

kevkrom: "You're completely ignoring compliance costs, that's why your math doesn't add up. "Embedded taxes" refer not only to the actual taxes paid by the businesses in the production chain, but also to their additional costs related to tracking, paying, and minimizing those taxes."

140 posted on 08/11/2005 1:08:17 PM EDT by kevkrom

#1. Embedded Taxes = Taxes paid by Businesses + Compliance Costs.

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mombrown1: "Under the Fair tax these embedded taxes are gone because companies are no longer taxed."

#2. Embedded Taxes = Taxes paid by businesses

50 posted on 08/11/2005 10:23:58 AM EDT by mombrown1

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rwrcpa1: "They are paying the embedded tax. WE are paying the embedded tax + income tax + payroll taxes + estate taxes. Get it now?"

91 posted on 08/11/2005 11:56:26 AM EDT by rwrcpa1

#3: Embedded taxes = Corporate Income Tax

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Tax Reform: Now or Never(FairTax Endorsement);

Jan Larson: "It is very important to understand that upwards of twenty percent of the cost of retail goods and services under the present system represents the embedded taxes in the production chain. That is, the corporate income taxes and payroll taxes paid along every step of production are reflected in retail prices. When these taxes are eliminated, the final cost to the consumer of goods and services will remain essentially unchanged under the Fair Tax."

#4: Embedded Taxes = Taxes paid by businesses

Become a Voluntary Taxpayer

CHIEF negotiator: "But they overlook the 15.3% payroll tax, and the corporate income tax and compliance costs that are embedded in every good or service we buy. These "hidden" taxes are designed to disguise the true cost of government."

#5. Embedded Taxes = Taxes paid by businesses + Employee paid payroll tax + compliance costs

End of the income tax?

Neal Boortz: "First, there are the embedded taxes on every single product or service you purchase at the retail level. Harvard economists have estimated this embedded tax to be around 22 percent of the cost of those goods. That 22 percent represents the payroll taxes and corporate business and income taxes paid by every manufacturer, shipper, wholesaler, merchandiser and retailer having any connection whatsoever with the product you have purchased. These taxes are all added to the cost of consumer goods."

#6. Embedded Taxes = Taxes paid by Businesses

Of course the only definition that matters is Jorgenson's since he is the one whose number is always quoted:

Jorgenson's Embedded Taxes = Taxes paid by Businesses + Taxes paid by Employee