Sunday, June 15, 2008

Mark says Neal Boortz admits you don't keep your entire paycheck!

Folks, it just keeps getting better. How anybody can read an article and get something completely different from what 99.9% of readers do is a complete mystery. But our man Mark sure can't seem to get it right. Is he dyslexic? Does he not understand the English language? Maybe he does it on purpose thinking, or hoping, that nobody will check on it. Is he scared of the FairTax? Who knows. All I know is, he just keeps cranking out the bullshit! Now our resident imbecile publishes a new post on his blog site (click here) where he says Neal Boortz admits that you don't bring home your entire pay check! Again Mark speaks before he engages his brain... if he has a brain. It just so happens, I have a copy of the Boortz article:
"Now, let's elaborate on the "keep 100% of your paycheck" line that appears in The FairTax Book. It is certainly true that after the FairTax becomes law there will be no more withholding from your paycheck for any federal taxes. What you earn is what you get. This is not to say that your gross pay will equal what it was before the FairTax. This will depend on what your employer does when the embedded costs represented by the tax burden you have passed on to your employer disappear. One thing is certain: You will suffer no decrease in real or net earnings - the amount of each paycheck you deposit into your bank account every other week. The "keep 100% of your paycheck" concept can more easily be applied to those who either change jobs or come into the labor force after the implementation of the FairTax. A new worker will negotiate a wage with an employer knowing that the amount negotiated will be the amount that worker receives every two weeks ... no deductions. Likewise, when you change employers you, too, will negotiate a wage that will not be subject to withholding, and you will get 100% of your wages in each paycheck."
This is the part of the article that Mark is referring to. Why doesn't Mark provide a link to the article? Because he knows you'll see the truth... you'll know he's lying! The original article is much larger, but Mark only jumps on what he thinks he can pass off as fact, but by now, we know different. Here's a link to the entire article... click here. So, does Boortz admit that you don't bring home 100% of your paycheck? Absolutely not. Actually, he confirms it! So, if you contracted with your employer for $50,000.00 per year, you bring home $50,000.00!

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