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To: Principled
Irrespective of base calculation, the flat tax does indeed add to prices. Remember the taxes and tax costs (for the flat tax, that would include employer "contribution" payroll taxes)? Those costs are added to prices, subtracted from wages, or removed from ROI.
May be added to prices, and if those taxes are added to prices, they most certainly aren't fully. You need to read up on tax incidence.
469 posted on 03/09/2005 9:49:05 AM PST by Your Nightmare
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To: Your Nightmare
P: Those costs are added to prices, subtracted from wages, or removed from ROI.

yn:May be added to prices,

That's what my posts connotes (some would say denotes). Didn't you read it? None are so blind...

472 posted on 03/09/2005 9:57:22 AM PST by Principled
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