gfn wrote in
:

On May 27, 5:58*pm, "Scout"
wrote:
"gfn" wrote in message


...









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

6.97.142...

gfn wrote in
news:f287e735-90d5-42c1-a14d-55a606092fd9@
28g2000yqu.googlegroups.com:

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

Unless they changed the rules of math by Congressionl decree
that'
s
$123.

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
fo
r
you.

Didn't see any minuses in there. You think compliance costs are
just going
to away?

That seems to be his, utterly unrealistic, assertion.

Economist that I trust more than you say otherwise. *I know who I
put more stock in.

Cite them.

fairtax.org. go read under the "research" link.


I went. Now which particular papers did you get that 23% of *product
cost* from? The only references I find to that 23% tax is for *revenue*
neutrality, which is the amount of taxes the federal government gets
through all those taxes.....not product cost. The closest cost to 23% I
see is the 22% cost for just tax compliances which are the costs of
collecting all those taxes including FICA and personal income tax, not
the product cost. Some of which will not be going away will not be going
away as the Fair Tax has its compliance costs also so that they have to
be included in the Fair Tax rate.

Perhaps we are misunderstanding each other. It seems we are addressing
two different things instead of being on the same page.

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

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