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To: Bigun
Dear Bigun,

"Why do you persist in trying to make the spurious argument that the only costs imposed by the income tax system are the taxes themselves when you KNOW that to be untrue?"

Well, Dr. Jorgenson seems to disagree with you:

RobFromGa: "Excuse me for my lack of understanding of your answer, when you say 'workers would keep that after-tax pay' are you saying that if they are making $1000 a week now, and paying $200 payroll+income taxes now, that under the FairTax you were assuming that workers would get paid $800 and keep all of that? Or are you saying that you meant they would make $1000 under the FairTax?


Dr Jorgenson: "I am saying that the worker would continue to receive the after-tax amount of $800. Prices received by producers would decline to cover the cost of after-tax wages to workers and after-tax dividends and interest to investors."

The savings come from not having to pay the taxes.

Take it up with Dr. Jorgenson.


sitetest
185 posted on 08/25/2005 8:00:23 AM PDT by sitetest (If Roe is not overturned, no unborn child will ever be protected in law.)
[ Post Reply | Private Reply | To 179 | View Replies ]


To: sitetest
Well, Dr. Jorgenson seems to disagree with you:

If by that you mean that Dr.Jorgenson, or ANY economist for that matter, believes that the ONLY costs imposed by the income tax system on the U.S. economy are the taxes themselves then your duck is TOTALLY loose!

195 posted on 08/25/2005 8:19:29 AM PDT by Bigun (IRS sucks @getridof it.com)
[ Post Reply | Private Reply | To 185 | View Replies ]

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