A friend sent me alink to a CNN Money article about The Fair Tax. There is a section at the end of the article which addresses embedded taxes. I would like some feedback on this.
Here is the section:
Part of the problem is the way Boortz and Linder are using the idea of embedded taxes. In an eight-year-old study paid for by AFFT, Harvard economist Dale Jorgenson noted that because the taxes paid by everyone in the chain of production are embedded in the cost of goods,…
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