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To: RobFromGa

Miraculous??? No - just simple economics which you can't/won't understand. None of the SQL (Status Quo Lover)tribe can afford to admit that there is any such thing as embedded tax costs since it destroys your arguments about people having lower wages, prices being higher, etc. IOW - your whole premise goes to hell in a handbasket (not to mention your letter to start this vanity thread).

With embedded tax costs, you see, their removal from prices caused prices to drop and even with the FairTax added on, prices - including federal taxes - will be about the same as they are now (or maybe a bit lower since right now the revenue neutral rate runs about 19% rather than 23%). Your points have been responded to in these threads many times and always have been shown to be illogical malapplication of economics and/or logic.

There is nothing dishonest about the FairTax bill and the benefits it offers the economy. You merely choose not to believe it based upon your mistaken beliefs. Wage-earners will have more money, prices will drop, and the economy will greatly benefit - not due to YOUR business but due to the help given to export businesses, repatriated capital back into the US, and increased tax revenues gained from the illegal economy ... among other things.


147 posted on 08/23/2005 12:34:32 PM PDT by pigdog
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To: pigdog
None of the SQL (Status Quo Lover)tribe can afford to admit that there is any such thing as embedded tax costs since it destroys your arguments about people having lower wages, prices being higher, etc.

None of the FairTax crowd can identify any such thing as embedded tax costs that are not income or payroll taxes, so their whole program is a sham.

153 posted on 08/23/2005 12:46:38 PM PDT by RobFromGa (Afghanistan, Iraq, Iran-- what are we waiting for?)
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