Generation and Interpretation of IMPLANs Tax Repot

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    IMPLAN Support
    Hi Todd, We apologize for the confusion on this and we appreciate the feedback. We believe most of your concerns are already fixed in the latest iteration of our document which is on our website. We apologize that you did not get the most up-to-date version. It is found at: http://implan.com/index.php?view=download&alias=33-understanding-the-tax-impact-report&category_slug=internal-docs&option=com_docman&Itemid=1764 Because the example is trying to highlight just the tax component, which is not directly visible since it is embedded in the Value Added figure in the Summary Results, to try to reduce confusion, we have omitted the Summary Results form and jumped straight to a discussion of the tax impact forms. We apologize if this seems incomplete to you. Since taxes are only a component of Value Added (Value Added = Employment Compensation+Proprietor Income+Other Property Type Income+Taxes on Production), it is presumed that it is understood that we are talking about components of Value Added, after that statement is made. Thus it does not imply that those dollars are added to the Value Added figure which is already described as a Total value. Instead it is saying of that Value Added component, these are tax values in Figure 1 and how they are interpreted. You are correct that these are all sub-components thus, there is no addition. However, many of these concerns are streamlined in the online document (Summary Results are still not shown). The math error you describe is also corrected in the latest version of the document. Please let us know if you have any additional questions, and hopefully the online document will resolve your concerns. Thanks,
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    schmi_ny
    Thank You. The revised document is much clearer and avoids the confusion in the earlier draft.
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