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

To: pigdog
You don't seem to understand that the hidden taxes are not taxes paid into the Treasury Dept. as income tax (business or otherwise) but are prices increased by the cascading of business income tax costs into prices that are passed on to further levels in the production/distribution chain. They cause artificially increased prices due to downstream income taxes that have cascaded into increased costs for things eventually bought by consumers.
LOL!!!! WHERE DOES THE MONEY FROM THE INCREASED PRICES GO? DOES THE BUSINESS BURN IT?

ROTFLMAO!!!!! SO NOW THE CASCADING TAXES AREN'T EVEN GOING TO THE GOVERNMENT!!! TOO FUNNY!
521 posted on 03/02/2006 8:28:06 PM PST by Your Nightmare
[ Post Reply | Private Reply | To 518 | View Replies ]


To: Your Nightmare; lewislynn

You Squirrels seem to be munching on a bad bunch of nuts that affect your reasoning. You've completely missed the point that the "hidden taxes" are not taxes at all, but artificially-increased prices caused solely by the business income tax and compliance costs.

The "hidden taxes" themselves (since they are not taxes but unproductive price increases) do not need to be replaced by a revenue neutral FairTax. Instead they are removed - POOF! Gone!! That's why prices will decline with the elimination of income taxes. The income taxes formerly paid to he IRS (but not "hidden taxes" which are not so paid) are the ones involved in revenue neutrality.

The question is really not where the money in "hidden taxes" goes since it is not a tax at all, but where it comes from ... it comes from the consumer in the form of unnecessarily higher prices. It certainly takes no "secret tax agent" to realize these "hidden taxes" are not taxes at all. Most consumers with no agenda will realize this readily enough. Those with an anti-FairTax agenda (but no other plan for tax reform) will merely continue inane attacks.

The FairTax will not eliminate inflation, but certainly will help improve business profits in most cases as many studies by recognized economists have shown. No one that I know has claimed that the FairTax eliminates inflation (or warts for that matter).

Profits, OTOH, are not "hidden, cascading taxes" nor have I ever asserted that they were. That's your SQL claim, remember??


524 posted on 03/03/2006 8:04:25 AM PST by pigdog
[ Post Reply | Private Reply | To 521 | 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