Ah, DImp-Dimp, but it IS there - and clearly so. The fact that you can't/won't admit it is your mental failing in adhering to your anti-FairTax agenda. It would ruin more than your whole day ... it trashes your entire argument set.
In an earlier post in this thread (that you've apparently not read) I show how the 15% approximation came to be - and then in a post on this thread also a bit later (which you also have apparently not read) I show how Nightie's intentional warping of his example which was no more real that mine (which never so claimed to be unlike his) caused a more likely hidden tax of upwards of 15% - perhaps even 20%. But of course your tawdry toady can't admit that even since it destroys the Squirrels nest so badly. Sorry if you don't like the numbers but after all, they're Nightie's, not mine. Go argue with him.
Perhaps you should make a practice of reading the threads before attacking them.
Oh, and BTW ER payroll taxes are the 7.65% borne by the employer and not the EE portion sent forth by the employee. And, certainly, the EE portion are not involved as hidden taxes - nor have I ever contended that they were. The ER portion is another kettle of fish and can certainly be counted with the business income taxes paid by the business which when added to a couple of percentage points of compliance costs gets you right up in the 15% range. Allowing for Nightie's warping of the data to suit his (and your) agenda the hidden tax would surely be over 15% and perhaps in the 20% range ... but of course we all know that his example is meaningless and even obscures the mechanism involved (which was no doubt his intent).
Your VAST economic numbers for your HALF-VAST ideas don't impress since you have continually disputed this point and shown that you have not the slightest understanding of what is involved and how it functions.
Perhaps you'd like to show us from Nightie's "real world" example how the amount of income tax paid is NOT passed on the the next level where it is cascaded because there are higher input costs solely due to the income tax component added in at the prior level. The hidden taxes are right there in my example AND in Nightie's. You are merely too intellectually dishonest to admit it - or perhaps you really ARE that ignorant of the real world.
And you may as well drop the idiocy of a 24% rise in prices due to the FairTax. Disposable personal income will probably be no lower than at present and quite probably even better. You blatant claim about prices rising is merely a scare tactic to attempt to make consumers feel impoverished somehow when that is quite the opposite of the truth.
In an earlier post in this thread ... I show how the 15% approximation came to be - and ... I show how Nightie's ... example ... caused a more likely hidden tax of upwards of 15% - perhaps even 20%.
You didn't "show" anything, you merely pulled those number OUT OF THIN AIR. Like I said. You made it up.
... ER payroll taxes are the 7.65% borne by the employer and not the EE portion sent forth by the employee.
Who has said otherwise? You're the one who keeps insisting that ACTUAL taxes (like the ER Payroll Tax) are NOT the hidden taxes of which you speak ... neither are compliance costs for that matter. YOU KEEP INSISTING THERE ARE OTHER COSTS in the equations ... costs that NO ONE, NOT EVEN YOU have been able to identify or quantify ... costs that add NO MORE to the price of a product than the ACTUAL TAXES (and compliance costs) PAID do.
In other word, "hidden costs" of ZERO dollars.
Perhaps you'd like to show us from Nightie's "real world" example how the amount of income tax paid is NOT passed on the the next level ...
No one has claimed that ACTUAL taxes paid (if any) are not part of the price, they are part of the PROFIT, and profit (if any) comes from the difference between ACTUAL costs and revenues. Take them out, and the price can drop by NO MORE than the ACTUAL taxes paid ... LESS if the business does not pass on ALL the tax savings as price reduction.
... where it is cascaded because there are higher input costs solely due to the income tax component added in at the prior level.
This is where you consistently screw up. TAX, at any level, HAS NOTHING TO DO WITH INPUT COST !!!!! It doesn't matter if my input cost is ZERO or $10,000,000; if my PROFIT at that level is $1.00, I'll pay $0.344 in Income Tax. Period. Eliminate the Income Tax and it doesn't matter if my input cost was ZERO or $10,000,000; if my PROFIT at that level is $1.00, I get to decide to either keep the $0.344 that WAS tax or reduce my price by $0.344 (or something in between). The final Pre-tax price can drop BY NO MORE THAN THE ACTUAL TAX PAID ... not some "hidden tax" mechanism.
NOTHING CASCADES!!!!!
AND, you still have to ADD BACK the 30% FairTax to get a comparable Consumer Price.
You have yet to show a single PENNY of cost that is not ACTUAL cost, ACTUAL profit or ACTUAL tax.