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To: Always Right
Wrong. According to the man who did the research for the fairtax organization, Dr. Jorgenson, he absolutely did include YOUR income tax to come up with that 23 percent number.

Are You Sure? Are you sure that it wasn't that supposed 1/2 that employers pay? Are you sure?
Your Income Tax (Everyones Income Differs) cannot be added into the cost of a Product, people have more than one job, some are 2 Income Families and some are "Drug Dealers" so I KNOW that YOUR Income Tax is not part of the equation for the embedded Tax Now, can you look again at simplicity and not be suspicious?
198 posted on 09/28/2005 8:33:57 PM PDT by TexasTransplant (NEMO ME IMPUNE LACESSET)
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To: TexasTransplant
Are You Sure? Are you sure that it wasn't that supposed 1/2 that employers pay? Are you sure?

Positive, he meant all the taxes paid as a cost of employment-- payroll and income. He confirmed it to me in an email and then to the Moeny magazine reporter a couple of weeks later. Links to those threads are up above or search FR for "fair tax myth"

200 posted on 09/28/2005 8:40:12 PM PDT by RobFromGa (Afghanistan, Iraq, Iran-- what are we waiting for?)
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To: TexasTransplant
Are You Sure? Are you sure that it wasn't that supposed 1/2 that employers pay? Are you sure?

Yes, I am 100 percent absolutely positive. The only way you can get anywhere close to a 23 percent embedded tax is if you include all individual income taxes. Dr. Jorgenson has admited this is the case.

202 posted on 09/28/2005 8:44:22 PM PDT by Always Right
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To: TexasTransplant
Are You Sure? Are you sure that it wasn't that supposed 1/2 that employers pay? Are you sure?
Oh gee, now that you mention it maybe (in the Fairtax world)7.65% could be 23% of the price...< /sarcasm >
Your Income Tax (Everyones Income Differs) cannot be added into the cost of a Product,people have more than one job, some are 2 Income Families
You're wandering off the Fairtax reservation with that talk...But let's test your theory.

If I work for Halliburton by day, McDonalds by night and my wife works for Dr.Moan can our income tax (actually our wage) be added to each of those company's costs?...I thought so.

207 posted on 09/28/2005 9:06:57 PM PDT by lewislynn (Status quo today is the result of eliminating the previous status quo. Be careful what you wish for)
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