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To: Principled
You're wrong. Find where anyone besides you says that $200 Billion is 30% of $8 Trillion.

OK, one more time, how does your plan save business owners 30% so they can reduce their costs to offset your tax? Are you telling me you guys never say that prices are not going up. I just want some hard numbers to show me how on earth this is possible. So far all I have gotten is elimination of business taxes and compliance costs. Is that the story you are sticking to? If so you are almost a couple trillion short. I know what 30% of $8 Trillion is, but you guys certainly don't.

748 posted on 05/19/2005 4:24:20 PM PDT by Always Right
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To: Always Right
I just want some hard numbers to show me how on earth this is possible.

It's been done a gazillion times, but each time you omit/gloss over/miss the parts you don't seem to understand.

So far all I have gotten is elimination of business taxes and compliance costs.

Wrong. Business taxes and compliance costs (90% of them anyway) will go away. But that's not all. It is incomprehensible that you don't remember any of the other costs that are going to be reduced or eliminated. You really think someone is telling you that $200 billion is 30% of $8 Trillion? That would be stupid. Of course nobody is saying that.

Of course some products have more federal tax-related costs built in than others - not all are the same. Generally speaking the more links in the chain of production, the more federal tax-related costs are built into the price.

756 posted on 05/19/2005 4:58:11 PM PDT by Principled
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