As far as a ballpark verification of the value goto 1998, GDP/NIPA, that was undoubtedly the essential source from which the percentage would have been extracted.Well you're applying it to 2000. In 2000 expenditures and exports were $9,556 billion! But even still, 1998 prices were $8,352 billion! Much higher than your number using 2000 tax revenues.
just because ancient geezer doesn't explain it doesn't mean we can discount its validity. i am still reading on some links so i'm unprepared to jump in yet, but i'd like to see an explanaiton of why you take the position that the 33.6% is wrong. again, not explaining it or not defending it is not a valid reason to discount it. he did provide a link to the dry cleaning example - what is wrong with it - other than ancient hasn't explained or defended it?
also i noticed the cost of comliance was too low in your example - and to be clear are you using tax inclusive or tax exclusive rates?
The 33.6% number is wrong. You can't tell me how it was determine. You can't defend it.
http://www.freerepublic.com/focus/f-news/1196095/posts?page=248#248
The 33.6% number is wrong. You can't tell me how it was determine. You can't defend it.
OOPs, messed that link up,
As I indicated earlier to you: http://www.freerepublic.com/focus/f-news/1196095/posts?page=208#208
I am sure Gary and Aldonna Robbins will more than readily let you need all you ever wanted to know about deriving the factor they use, You can contact them at
Through Heritage foundation staff
http://www.heritage.org/About/Staff/GaryRobbins.cfm
E-mail Gary Robbins
or at Fiscal Policy Associates Inc
1515 Jefferson Davis Highway
Arlington, VA 22202
Phone: 703-413-4371