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To: Phantom Lord

No,thats not what Boortz says-the 23% embedded tax on new purchases now paid by the retailer will be offset by the the buyer WITH NO CHANGE IN TOTAL PRICE

Their claim is under the Fair Tax Plan is these people will now pay more taxes

How could they pay more in taxes if they believe the 23% is a fraction of the 23% enbedded tax

If they believe it will be more than 23% than all taxes will move up to that level and everyone will be paying more,not just the underworld.


320 posted on 09/06/2007 9:28:14 AM PDT by cappy26
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To: cappy26
How could they pay more in taxes if they believe the 23% is a fraction of the 23% enbedded tax

You misunderstand what I said.

It is some fair tax opponents on here who claim that the 23% is far more than the current embedded taxes. And they claim it will not cause drug dealers to pay more in taxes.

But if they embedded tax today is LESS than 23% as they claim, and often claim by a large amount, then at a 23% NRST the drug dealers would be paying MORE in taxes.

321 posted on 09/06/2007 9:34:11 AM PDT by Phantom Lord (Fall on to your knees for the Phantom Lord)
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