I didn't say the majority was in both prices and wages.Eh?.
The majority of the "embedded taxes" you claim are in prices are also "embedded" in wages.
How can the majority be in both?
The majority of the "embedded taxes" you claim are in prices are also "embedded" in wages.
How can the majority be in both?
Oy! Because the taxes in wages can also be in prices. That's the point, to get the embedded taxes out of prices you would also have to get them out of wages, ie. reduce wages.
And again, my statement did not say the majority was in both. I said "The majority of the 'embedded taxes' you claim are in prices are also 'embedded' in wages." That is not saying that the majority of taxes are in both prices and wages. It is saying the majority of the "embedded taxes" in prices are also in wages. I could explain it further if you still don't understand.