[balrog666]

Nonsense, balrog666. In the different examples I've given that show the effect of cascading, embedded tax costs and how they affect prices, I have always shown hem to be BUSINESS income taxes - not merely corporate. he mechanism of artificially boosting prices is the same no matter the type of business entity nor does it matter whether they report and pay on a Form 1120, 1120S, 1065, 1040 or anything else. Those are still taxes derived from businesses and they go to boost prices adding nothing but increased costs for the consumer. With the FairTax, those are removed causing prices to decrease.

Wow, you truly are ineducable! Ask an accountant how much tax is paid via an 1120S or a 1065. Here's a hint: you can check the definition of zero at dictionary.com.

[pigdog]

Ah, balrogg666, but they report them on those forms as part of the tax process. For example, the 1120S is required so that the K-1 can be made which the individual uses for his 1040. It's all part of the wonderful income tax scheme that you guys seem to so love. The point remains that all of these taxes are business income taxes and pretending that only corporations pay business income tax is only a sham.

Please provide a link to the Wal-Mart statement you give.