[lewislynn]

If you say so. Why don't you explain again how cascading turns the 3% (approximate) economy wide Federal corporate income tax into a cost of 8.58% (in only 3 steps!) to the economy. That was funny

Not only that but using his logic and calculations (that's a laugh in itself) if there are enough stages we can get over 100% price reductions by replacing the income tax with the Fairtax.

[Toddsterpatriot]

Not only that but using his logic and calculations (that's a laugh in itself)

When I called him on that, he said they were someone else's calculations. LOL!

Now he won't show me (or can't) how this so called cascading works. Did he defend it before? Being new to these threads, I don't know where everyone is, historically.

if there are enough stages we can get over 100% price reductions by replacing the income tax with the Fairtax.

The good news is, with all those stages, corporate profits could be over 300% of GDP. Buy stock!!!