"Scout" wrote in
:



"gfn" wrote in message
.
..
On May 27, 5:46 pm, RD Sandman wrote:
gfn wrote
.
com:









On May 27, 3:35 pm, RD Sandman
wrote:
gfn wrote
innews:2bd8c587-d08d-465c-9e0a-ec529c2d92ba@
r20g2000yqd.googlegroups.com:

On May 27, 12:57 pm, RD Sandman
wrote
:
gfn wrote
innews:32f5e241-6e60-4d14-bfa8-cae2d3698f3e@
24g2000yqk.googlegroups.com:

On May 26, 8:06 pm, "Scout"
wrote:
"gfn" wrote in message


oups .co m.
..

On May 26, 4:04 pm, Gray Ghost
wrote:
gfn wrote in
news:cd664af5-c0a8-4200-a50e-2cdb60b5a
031
@w21g2000yqm.googlegroups.com:

On May 26, 3:20 pm, Gray Ghost
wrote:
gfn wrote in
news:5e36036b-9c38-4449-8578-
:

Under the FairTax
- wholesale = $50
- compliance costs = - $23
- FairTax = $23
- sales and other taxes = $27
- Grand total = $100

You are obviously a Democrat.

Then Herman Cain must be too because he supports the
FairTax.

--
Herman Cain for President! http://
her
man
cain.c
om/
If you don't support him you are a Racist!!
He beat Cancer. He'll beat Obama (who is just like
cancer)

Remember Desert One, Carter 0? Ain't it sad to wish
that Obama had
as
muc
h
ambition but being glad he doesn't knowing he doesn't
have THAT muc
h
competence?

I refer to your math.

wholesale = $50
compliance costs = - $23
FairTax = $23
sales and other taxes = $27

Unless they changed the rules of math by Congressionl
decree that's $1
23.

You can refer to my math, in return I will refer to your
reading comprehension. Was there something about "- $23"
(read minus $23) that you didn't get? I guess the
example wasn't simple enough for you.

Yep, and HOW exactly do you assume that compliance with
sales and other taxes will suddenly be reduced to zero,
when they will still need to comp
ly
and that it will cost absolutely NOTHING to comply with the
additional FairTax imposed?

You need to understand what compliance costs actually are.
They are the costs associated with complying with the
federal income tax on wages, regressive payroll taxes , the
federal income tax on wages, i.e. measuring, tracking,
sheltering, documenting, and filing our annual income.. If
those taxes are gone then just what exactly is there left to
comply with and how does that cost any money?

There are also state compliance costs associated with state
income taxes for employees, inventory taxes, license renewals,
etc..
Fair tax does nothing about them. In addition you also have
some
compliance taxes fo
r
the operation of the Fair Tax....someone has to pay it.

Because that has to do with state taxes. The FairTax is about
federa
l
taxation.

The point is that those costs are still there. They were
somewhat amortized when combined with federal taxation but even
if that goes away, the mechanisms of collecting those taxes
don't.

The costs of production are there. The costs of compliance are no
longer there.

They are for state and local reasons. The only thing that went away
was the federal requirement. Some of those are also state costs and
they have to remain in place along with the compliance costs that
they incur. That hasn't changed.


And once again, the fairtax replaces embedded costs of complying with
FEDERAL tax laws.

And where exactly does it say it will do exactly that?




That part I agree with that the Fair Tax only addresses federal concerns.
However, if that compliance mechanism for federal taxes and costs is also
used for state taxes and costs, it and its accompanying costs cannot be
removed.

--
Sleep well tonight....RD (The Sandman)

If you woke up this morning....
Don't complain.