Price of goods would decrease under 999 since it does away with the various embedded taxes: http://999calculator.net/
Price of goods would decrease under 999 since it does away with the various embedded taxes: http://999calculator.net/
Some people are born to be tools.
From the website in its laughable attempt to justify the alleged "built in 22%" tax rate.
"On average, 22% of the price of most consumer products is incorporated into the price to cover the average corporate tax rate of 35%. If that corporate tax rate is reduced to 9%, that 22% is reduced to about 6% (using the ratio 35%:22%, 9%:6%)
Even semi-intelligent people ought to be offended by the insult of that statement.
The current corporate tax is on profits after all expenses, cost of goods and labor, other taxes, loopholes and incentives are deducted which includes all kinds of deductions permitting major corporations like GE to pay nothing in corporate tax. Unless the profit is 90% on the sale of any goods, there is no way that a the corporate income taxes on profits will even comes close to 22% in the price of goods and products.
The whole premise is fraud and whoever promotes it is a tool.