To: Tatze
The author does not know the FairTax very well. After the embedded taxes are removed, the final cost of the jet after the FairTax is added will still be about $50 million. Step away from the propaganda, go down to any small business, ask them what their gross sales were, and what their tax liability was. The embedded tax myth has to end sometime.
Second, the man pays no sales tax on his fifty million dollar plane because he's buying it used - extremely large private jets are purchased new.
12 posted on
02/25/2008 1:09:40 PM PST by
kingu
(Party for rent - conservative opinions not required.)
To: kingu
Err, extremely few large private jets are purchased new.
15 posted on
02/25/2008 1:10:14 PM PST by
kingu
(Party for rent - conservative opinions not required.)
To: kingu
Step away from the propaganda, go down to any small business, ask them what their gross sales were, and what their tax liability was. The embedded tax myth has to end sometime.
My wife owns a hair salon, a very representative small business. She does not simply eat the taxes she has to pay for employees, products, corporation taxes, property taxes, etc. They all get factored into the prices she charges to her clients. But the client doesn't see the taxes because the bills are not itemized to show what portion of the payment goes to what cloumn in the sales register.
Those taxes (as well the taxes passed on to my wife's hair salon by the suppliers) are ultimately paid by the consumer and are very neatly hidden in the prices. The embedded tax is not a myth at all.
25 posted on
02/25/2008 1:18:41 PM PST by
84rules
( Ooh-Rah! Semper Fi!)
To: kingu
As you have been told many many times already it isn’t just the taxes alone that get passed along but ALL the costs associated with those taxes as well. Every set of hands that touch the production of anything in this country today incurs those costs and they ALL wind up in the prices of goods and services sold at retail.
37 posted on
02/25/2008 1:33:59 PM PST by
Bigun
(IRS sucks @getridof it.com)
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