Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article

To: Sprite518
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.

Your side has a long history of trying to confuse people about the realities of the FairTax so I wouldn't throw stones.
266 posted on 09/14/2005 8:22:19 AM PDT by Your Nightmare
[ Post Reply | Private Reply | To 263 | View Replies ]


To: Your Nightmare

I have to go now.. I will look at it later...


267 posted on 09/14/2005 8:24:56 AM PDT by Sprite518
[ Post Reply | Private Reply | To 266 | View Replies ]

To: Your Nightmare; Sprite518
First, 25% + 7% = 33% is honest? Second, adding an inclusive rate to an exclusive rate most certainly isn't honest.

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.

271 posted on 09/14/2005 8:31:03 AM PDT by kevkrom ("Political looters" should be shot on sight)
[ Post Reply | Private Reply | To 266 | View Replies ]

Free Republic
Browse · Search
Smoky Backroom
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson