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To: lewislynn
Wrong, Looey. As has peen pointed out to you liteerelly HUNDREDS of times, the exclusive rate (or inclusive for that matter) is merely a calculation.

For the ones you cite:

Tax (inclusive) (exclusive)

Fair Tax 23% ....29.87%

Payroll: FICA 6.2%.... 6.61%
Payroll: Medicare 1.45% ....1.47%

Income Tax 10%-35% ...11.11% - 53.85%

Read 'em and weep!!

24 posted on 12/15/2005 6:44:38 PM PST by pigdog
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To: pigdog
He he like the time a week or so ago that lewis challenged me to calculate the inclusive or exclusive rates on several examples. He really didn't know how to do it.

I did all the examples and didn't hear back from him... til now. he he

84 posted on 12/18/2005 10:49:44 AM PST by Principled
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