On May 26, 6:52*pm, RD Sandman wrote:
Gray Ghost wrote 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 for
you.

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

No, he thinks that the fair tax will replace them as they will no longer
be needed. He mainly needs to use more accurate numbers and understand
that he cannot subtract 23% from an item's cost, add stuff to it and
still have it be 23% when he puts it back in place. *Either his first 23%
is in error or the second one is.


$22 million in research says otherwise. On average, every good and
service you buy contains 23% in embedded costs. Those will go away as
market forces take hold. That 23% is replaced by the FairTax. Guys,
this isn't that hard.

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

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