Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Publius6961
All I care about is my "gross" pay. Will that remain unchanged? If the answer is "yes", I'm happy.

The answer no. The analysis which says price will fall 20% assumed your gross pay would be reduced, but your net pay would stay the same.

169 posted on 08/25/2005 7:41:34 AM PDT by Always Right
[ Post Reply | Private Reply | To 163 | View Replies ]


To: Always Right
The answer no. The analysis which says price will fall 20% assumed your gross pay would be reduced, but your net pay would stay the same.

So why should any current wage earner embrace this scam?

Suddenly he is not only paying the same income and payroll taxes as before, but he has a sparkling new and HUGE onerous consumption tax. Even on the sale of homes!

D'OH!

206 posted on 08/25/2005 8:34:30 AM PDT by Publius6961 (Liberal level playing field: If the Islamics win we are their slaves..if we win they are our equals.)
[ Post Reply | Private Reply | To 169 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson