And you, s-test, present no challenge at all. You've demonstrated you don't understand (don't want to??) what the cascading tax example shows and even more you think only Subchapter C corporations pay taxes and that they pay them as a percent of revenue.
Wrong on all counts. And I see you studiously ignore telling us about your preferred tax plan - a sure sign of a Squirrel. He hasn't even been able to tell us hom many of his treasured C-corps have a marginal tax rate of over 30% - perhaps he doesn't know what THAT is either.
You were asked to tell us how your tax plan helped exporters with border-adjustable taxation, how it brought in more revenue from the illegal economy, etc., etc.
Sorry, pal, it is YOU who are not up to the challenge - and you've amply demonstrated that.
Dear pigdog,
Get with the 20th century.
The debate has passed you by.
Dr. Jorgenson has confirmed that the general price reduction is obtained by passing workers' payroll and income taxes along to consumers, thus reducing workers' gross pay under the NSRT to their current net pay under the existing system.
In his model, workers would not receive, under the NSRT, their gross compensation from under the old system. The WORKERS' payroll and income taxes, ALL OF THEM, along with corporate income taxes, investor taxes, no longer paid, drive the price decline.
Savings don't come in any significant degree from "cascaded embedded delusional taxes/costs."
Sorry.
Maybe you'll have better luck next time.
sitetest