[Pan_Yan]

Have you taken into account the 15% FICA taxes that will no longer be taken out of their salary? How about the effect on prices when corporate tax rates drop from 35% to 9%?

Normally FReepers rage against an unfair progressive tax code that punishes success and rewards those who don't produce anything or haven't planned for their own retirement. Then when someone proposes a plan that would actually level the playing field, stop rewarding failure and make everyone a paying participant in our government they get trashed.

Sad.

[DTxAg]

Have you taken into account the 15% FICA taxes that will no longer be taken out of their salary? How about the effect on prices when corporate tax rates drop from 35% to 9%?

I did. Payroll is no longer a business tax deduction, so a company would pay 9% of an employee's salary in taxes. Now, the company pays 7.65% in taxes. And few companies I know pay 35% in taxes. Ford, for example, had $3 billion in taxable income in 2010 and paid something like $68 million.