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To: Your Nightmare

Money seems to have amnesia about the amount of taxes businesses pay for having employees. If you figure the book has bad math, Money just did them one better with lazy math.


4 posted on 09/08/2005 4:53:18 AM PDT by x5452
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To: x5452
Money seems to have amnesia about the amount of taxes businesses pay for having employees. If you figure the book has bad math, Money just did them one better with lazy math.

Oddly, the math flaw was confirmed by the fair taxer researcher who came up with the 22% embedded taxes, Dr. Jorgenson. Boorts and Linder also agreed there was a flaw, and Boortz said he would correct it in later editions. I have done the math many times, it is flawed.

14 posted on 09/08/2005 5:06:18 AM PDT by Always Right
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To: x5452
I have not heard a decent arguement yet against the Fair Tax. Perhaps I should be following these threads a little more closely.

But you are correct. The payroll tax savings alone should be plenty to cut prices and increase profits for businesses. Or even give employees a raise...JFK

98 posted on 09/08/2005 8:49:54 PM PDT by BADROTOFINGER (Life sucks. Get a helmet.)
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To: x5452
The question is "net" paycheck...

I'm tired of worthless bureaucrats and crooked, dumb politicians wasting my hard-earned money!

187 posted on 09/11/2005 7:36:33 AM PDT by pointsal
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