A more controllable way to decipher these accumulated tax costs is to reverse the model offered by pigdog (as my original treatment of this topic did.) By starting with consumer price and recursively extracting tax costs from any number of levels of production upstream, the model quickly approaches a finite limit of the true embedded tax (ie, the model converges) rather than exploding ad-infinitum depending on the inputs and number of levels you choose (ie, the model diverges.)
This top down approach will never give such untennable answers as "the tax accumulated after the nth level of production exceeds the total of all Federal tax receipts..." as pigdog's method can. And it doesn't require you to know the number of level of production ... by choosing a suitably large number, the top down model converges.
A more controllable way to decipher these accumulated tax costs is to reverse the model offered by pigdog (as my original treatment of this topic did.)I notice you use the term "accumulated tax costs." Pigdog claims these are "cascading" taxes. What's your opinion on that?
It is not "pigdog's method" in #311 as I explained, but perhaps you can show us how many levels it takes to exceed "all Federal tax income" by exploding ad-infinitum using the parameters and methodology given??