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To: merrillbender
But on average across the board of typical purchases by families the average price drop could easily be 10%- IMHO.

While your opinion may be humble, it is not supported by the facts.

To achieve an average, across the board, 10% price reduction:

100% of the employer part of SS tax MUST be channeled into lower prices, AND

100% of business profit tax must be channeled into lower prices, AND

110% of compliance costs must be eliminated ... yes, 110%.

In other words, a 10% pretax price reduction is the BEST you can hope for. It is NOT a conservative estimate by any stretch of imagination. If there is any pretax price decline at all it will be closer to 5% than 10% with a net apples-to-apples price INCREASE of over 20%.
223 posted on 01/30/2006 10:50:52 AM PST by Dimples
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To: Dimples
This is merely more of your mis-analysis based upon your original misinformation about average tax rates and just taxes in general. It seems always thue with the Squirrels - nothing like building misstaatement upon misstatement and lie upon lie - never even hurts to throw in an insult or two into the bargain. The analysis by merrillbender still stands as much more correct that this ham-handed attempt to shoot him down.
317 posted on 01/30/2006 2:30:15 PM PST by pigdog
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