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To: lewislynn
You are already paying that higher 30% in the cost of the product. Any expenses incurred from the costs of withholding payroll taxes, corporate tax, accounting, IRS compliance, etc. is passed on to you.

The free market would spur competition in a fair tax system. The costs of doing business would drop, making the company more competetive. The consumer would have more money in their paycheck to spend, making the sales market softer. In all, the same money is just being rearranged for maximun efficiency, with the control taken away from the bastards in Washington, and the perpetual state of jeopardy that we all live with GONE.
30 posted on 10/10/2003 4:42:27 AM PDT by ovrtaxt ( http://www.fairtax.org **** Forget ANWR. Drill Israel !)
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To: ovrtaxt
You are already paying that higher 30% in the cost of the product.

That isn't possible. For starters, though they wouldn't be paying FICA to the government, they would instead be paying it to the employee...If you think you're going to get that $40,000 vehicle for $28,000 AND have more money in your pocket you're dreaming.

The free market would spur competition in a fair tax system.

LOL! And after everyone drops their prices as low as possible, how will the fools compete then?...If they're smart they'll do now, what they'll ultimately have to do anyway.

Only a fool thinks price is the only way to compete and that a one size fits all, blanket government tax reduction is equivalent to competition. If you don't believe that just take a look at what's happened recently with American auto makers offering endless rebates and interest rate incentives and the Japanese offering quality along with new product line. The Japanese GAINED market share over the Americans.

44 posted on 10/10/2003 10:41:41 PM PDT by lewislynn
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