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To: Hostage
Your shoe manufacturer is also required to buy insurance and pay state business fees and taxes; let's call these administrative costs. Overhead includes leases (inclusive of property taxes), utilities and depreciation reserves.

The FairTax will eliminate insurance and state fees and licenses for business?

Eighty-five percent of shoes are manufactured in China. Chinese labor cost on shoes is one twentieth of US labor costs. The FairTax ain't gonna fix that.

284 posted on 08/31/2007 6:46:55 AM PDT by lucysmom
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To: lucysmom

Typical of you to see things which do not exist in any discussion of the FairTax.

No mention was ever made that the FairTax would eliminate insurance or state fees and licenses for business.

But of course that will not deter you from spreading your disinformation and misquoting those that discuss the FairTax.


287 posted on 08/31/2007 7:01:14 AM PDT by Hostage (Fred Thompson will be President.)
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To: lucysmom
Eighty-five percent of shoes are manufactured in China.

Have you ever thought to consider WHY that is?

Hint:

When the fairtax become law that situation will change very quickly with regard to shoes and many other things no longer manufactured in the USA.

292 posted on 08/31/2007 7:22:25 AM PDT by Bigun (IRS sucks @getridof it.com)
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