[Gvl_M3]

"http://www.fairtax.org"

Thanks /sarcasm

I've spent the last 3 hours reading that site trying to find where they calculate the 23% total embedded costs.

If you are really trying to be helpful, give me a link to a specific article.

As to the depreciation, the only thing I found on that was its reference to the tax code. That is why I'm asking. If you could show me the other costs, I wouldn't have to "look less than Einstein."

I hate to say it, but I'm starting to see where RobfromGa is coming from. I really want to believe in the Fair Tax. I think it would be boon for our economy. But, all I'm getting is rhetoric about the decrease in prices. If you can show me the embedded cost of the current system to be 15-20%, I'll jump back on board in a second. For now, I'm waiting a little more.

[groanup]

You came on here talking about depreciation. As a corporate employee your lack of knowledge of that subject is appalling. I was simply sick and tired of you bringing that subject up again and again. You were told at least five times how it works and you continued to waste band width. I don't care what you think about the fair tax and I don't care how much you echo the "newcomers" mantra about how we are all a bunch of shrill voices. You fit the pattern of Squirrels and you are qualified as one of them.

[groanup]

"If you are really trying to be helpful, give me a link to a specific article"

http://www.google.com/search?hl=en&q=75+economists+fair+tax&btnG=Google+Search

Please, knock yourself out.

[RobFromGa]

As to the depreciation, the only thing I found on that was its reference to the tax code. That is why I'm asking. If you could show me the other costs, I wouldn't have to "look less than Einstein."

It was already explained earlier that depreciation is not an additional cost, it is a way to spread a cost over multiple tax years so that the piece of capital equipment is used up and written off at about the same rate". There is no millions to save your company.

I've spent the last 3 hours reading that site trying to find where they calculate the 23% total embedded costs.

You can quit looking it is not there.

I hate to say it, but I'm starting to see where RobfromGa is coming from. I really want to believe in the Fair Tax.

It would be nice if everyone could gain 25% in purchasing power overnight but it is obviously impossible. There is no 22% embedded tax savings to remove from the average business without including the income and payroll taxes. It just isn't there.