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To: woodbeez
Please explain. Your gross employee costs go down by 20%. How would that result in lower profits?

Embedded taxes includes all taxes. That means business owners would have to take less profit, but end up with the same take home pay because not income tax.

55 posted on 09/16/2005 8:49:02 PM PDT by Always Right
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To: Always Right

If the business owner reduced his prices by his savings from the gross employee cost, his "take home pay" or profit would remain exactly the same.


56 posted on 09/16/2005 8:55:56 PM PDT by woodbeez (There is nothing in socialism that a little age or a little money will not cure(W. Durant))
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