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

To: Sprite518
That is what makes me highly suspicious of Rob.

I see you can't stop talking about me, even though you've given up on me.

What are your paranoid fantasies about my motives? I am just a normal businessman with a family that I'd like to be able to support. I have the audacity to ask questions about your FairTax proposal-- which you obviously don't understand or you'd be able to clear all these supposed misunderstndings up with facts in a heartbeat-- and I must be some sort of what?

The fact that you are not able to show where Bob the Baker is going to take his current price of $1.00 per loaf and reduce it to $0.77 per loaf, while still allowing his employees to keep all of their tax savings, and allowing him as the owner to keep all his tax savings, tells us all we need to know about the plan.

Being generous, I was able to come up with $0.10 he might save. You can't handwave another $0.13 with murky phrases and economic gobbledegook. Think about a shoe shine boy or a masseuse or a personal trainer or a barber, these services have hardly any cost structure to wring out of them besides labor which will not go down much.

You can't expect goods to magically go down in price if the cost of labor hasn't, and letting the employee keep his whole paycheck ensures that the cost of labor doesn't go down significantly.

57 posted on 08/23/2005 4:29:04 AM PDT by RobFromGa (Afghanistan, Iraq, Iran-- what are we waiting for?)
[ Post Reply | Private Reply | To 45 | View Replies ]


To: RobFromGa
Just forget Rob your hopeless. I along with many other Freepers have explained this to you over and over, and you still do not get it. Compound that with you saying you read the book(which I do not believe), and going to the web site. This is not a hard thing to understand. Perhaps you went to a public school, and this is why you are having such a hard time with it?

You also do know you are arguing with Harvard Economist on this too? Probably not because you have not read the book. For some crazy reason you do not believe that manufactures, distributors, and marketers are in business to make money. Each time one of these three sell something they mark it up to make a profit. Wow imagine they are in business to make money! LOL! By the time the product gets to the consumer it has been marked up somewhere between 22 and 24 percent. There is a debate about this, and this is why we have 23%. BTW, the economist that said this are all non government. Do you understand that concept... That is called "Embedded taxes". Who pays for all these mark ups...the consumer...

I believe you said you are in business in Norcross. Well I am sure you are in business to make money. Therefore, you set your prices so that you can make a profit. You do the same thing that the manufactures do, the distributors, and the marketers... So now do you understand what people mean by embedded taxes? I tried to make as simple as possible...


Tax revenue neutral simply means the government will take in the same amount of tax revenue as it does today. Do you understand that. And if you ask me well if it the same why would we want to do this... then I know for sure there is no way you read this book...
111 posted on 08/23/2005 10:23:07 AM PDT by Sprite518
[ Post Reply | Private Reply | To 57 | 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