To: Filo
Bullshit. The Fair Tax rate is far greater than the embedded tax rate. OK then, what is the amount of current embedded taxes?
108 posted on
08/27/2007 12:11:58 PM PDT by
Phantom Lord
(Fall on to your knees for the Phantom Lord)
To: Phantom Lord
OK then, what is the amount of current embedded taxes?
Less than 23% inclusive, 30% exclusive. That's all I know and that's all I need to know for my argument to be valid.
At 23% inclusive, 30% exclusive the Fair Tax includes income tax, SSDI, FICA and a host of other taxes. As such it is, by definition, larger than the embedded taxes in merchandise.
110 posted on
08/27/2007 12:16:47 PM PDT by
Filo
(Darwin was right!)
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson