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To: ancient_geezer
Sure you can. You just include the total federal tax revenues in the base, just as Taxfoundation does in calculating percent of NNP for its estimate of effective federal tax rate.
Then maybe you would like to show us the math the you got your ~11% from.


In repealing a portion of the tax (such as payroll taxes in the repeal of Social Security) the dollars released from tax revenues merely return to the economy spuring economic growth and a larger consumption tax base with a lower tax burden.
And this is a 1 to 1 relationship? Nobody is saving more?

You are so full of it.
97 posted on 09/20/2004 9:42:17 AM PDT by Your Nightmare
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To: Your Nightmare

You are so full of it.

And you're so petty and transparent, LOL.

99 posted on 09/20/2004 11:03:04 AM PDT by ancient_geezer (Equality, the French disease: Everyone is equal beneath the guillotine.)
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To: Your Nightmare

Then maybe you would like to show us the math the you got your ~11% from.

Nah, I figure you are capable of doing a simple arithmetic ratio proportion from the information in #88.

And this is a 1 to 1 relationship? Nobody is saving more?

Hmm 18% NRST in place, 0% tax on investment and earnings. With investment and saving favored investment already inceases earnings and economy growing.

Repeal social security, drop the 18% NRST on consumption to 11%. Disincentive to consume falls, disincentive to invest/save remains at 0%.

Lower tax rates allow economic expansion with main increase in consumption and small increase in investment/savings. With economic growth arising from both increase in savings and investments and earnings, 1 to 1 is not an unreasonable assumption for calculating a mere target tax rate to trend to.

However, if you want hard measurements and figures, all we have to do is put the system in place and go for it.

101 posted on 09/20/2004 11:19:13 AM PDT by ancient_geezer (Equality, the French disease: Everyone is equal beneath the guillotine.)
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