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This thread is a pestilential nuisance. |
Posted on 09/07/2005 5:15:28 PM PDT by Man50D
You are collecting the SAME amount of tax. So trying to make the claim that people would no be paying less tax is utter non-sense.
See post 261. Quit trying to confuse the people that are taking an honest look...
Actually, it's either/both. Depending on the context, the usage of the 23% inclusive rate or the 29.87% exclusive rate should be chosen accordingly.
Another thing to remmeber is that if the Bush tax cuts are made permanent, the "revenue-neutral" rate actually drops to a little over 19% tax-inclusive, just under 24% tax-exclusive.
No you are the guys that love to add the average State Sales tax in order to say its really 30%. So if you are going to do that with the Fair Tax, then lets do that with the current tax.
Oh I know you do not want to do that because then people will realize there paying higher taxes... LOL!
See post 261. Quit trying to confuse the people that are taking an honest look...First, 25% + 7% = 33% is honest? Second, adding an inclusive rate to an exclusive rate most certainly isn't honest.
I have to go now.. I will look at it later...
No you are the guys that love to add the average State Sales tax in order to say its really 30%. So if you are going to do that with the Fair Tax, then lets do that with the current tax.So 25% + 7% = 32% averages up to 33%? Is this what you are saying?
Because when I say it is a 30% sales tax on something, it is the truth. You use the inclusive rate to confuse people. And why are you adding 7% sales tax on to 25% anyways. You pull numbers out of your lying butt.
I know the FairTax rate is 23 percent when compared to current income taxes. What will the rate of the sales tax be at the retail counter?Answer: 30 percent....And then it has a two page essay to explain the deception.
If you don't already know that you don't know anything about the Fairtax.
Let's drop the rhetoric... it's a mistake, and should only be called "dishonest" if the person repeatedly presents it as correct after having been definitively shown the error.
If you want to add tax-exclusive rates... a 25% tax-inclusive rate is a 33% tax-exclusive rate. Since you can simply add tax-exclusive rates together to get the total rate, that comes to a total of 40% tax-exclusive, or 28.57% ( .4 / 1.4 * 100% ) tax-inclusive.
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