Just look at any of the above posts. They all contain links.
...unlike your hired economist I can show the numbers.
Well, you haven't ever shown any numbers. Further, while it may be true that a random individual spouts crap due to political belief, that is not the case when DOZENS of experts from DOZENS of industries all come to the same conclusion.
Looks like you've been reduced to attempting to discredit the entire world. How could your opinion be so diferent than nearly EVERYONE? Here's an example posted by you... "It's not an opinion, it's fact". Spoken like a true 7th grader. LOL
maybe someone will increase profits, but it won't be any 20, 30, 40%...
Oh, changing position now huh? You now admit that profits may increase. Well, it's a start. What moved you?...the MOUNTAIN of research done by DOZENS of EXPERTS in DOZENS of industries?
...tax rate would need an 80% profit or gain to meet your one pinhead economist's ...
"Pinhead"?... "one" economist??? No on both counts. There are DOZENS of experts in many fields supporting the positions I am asserting. And to call PhDs, LLMs, Chairmen of the Federal Reserve, and so on all "pinheads" is just a dumb thing to do... idiotic even.
Beyond that, your statement indicates that you believe that the only place tax savings will be realized by any entity is in the actual elimination of the entity's income taxes. That's just plain wrong. They will eliminate 100% of their income tax costs. They will eliminate 100% of their payroll tax costs. All of their supplies will be 20-40% cheaper. They will eliminate 90% of compliance costs. So your little math problem is not relevant.
But you go on saying your "facts" are facts. We'll just keep giving you your medicine.
I'm not changing positions, I've always said that prices wouldn't (not couldn't) be reduced that rather profits would increase...I in fact stated (more than once) that if my profit driven business taxes were eliminated I would NOT lower my prices, especially after an entire nation had been fooled into thinking they'd have more money to spend.
They will eliminate 100% of their income tax costs. They will eliminate 100% of their payroll tax costs. All of their supplies will be 20-40% cheaper. They will eliminate 90% of compliance costs.
Parroting, regurgitating, the same phony numbers with no meaning or proof of where they come from. Where, exactly will the 20-40% reduction come from...you continue to puke those numbers up yet can't explain EXACTLY, SPECIFICALLY, where the savings come from. I understand that you aren't smart enough to figure it out, so post 'the figures' (not the rhetoric) from someone who is. And while you're at it would someone, once and for all, define EXACTLY, SPECIFICALLY, what "compliance costs" would be reduced by the most absurd, far fetched figure of 90%?
My questions aren't unreasonable unless you're too stupid or afraid to explain your own rhetoric.
"Employers must submit the equivalent of a W-2 form to the Social Security Administration for each employee."
Principled:...
"They will eliminate 100% of their payroll tax costs."
Will one of you children tell me which one of you is lying? As I stated before, you people need to get your stories straight.