“...embedded taxes are only 7% AT BEST.”
Correct me if I’m wrong, but any tax paid by a business is a cost of doing business, and must be recouped in the sales price of the service or merchandise. Payroll taxes alone are about 12%. So that’s the minimum amount that becomes embedded in the price.
Where on earth did you come up with 7% ???? The Social Security tax alone is more than that!
Fair Tax Scammers themselves came up with that number. So I was repeating their own number back at them.
either way, this proposal is going nowhere fast.
It is time to come up with a new proposal.