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To: pigdog; Shalom Israel
In fact, that's why the rate is used in the bill as tax inclusive. Those Congresspersons ain't too smart, you know.
Actually you aren't too smart. Show me where it's written a business has to charge the consumer 29.87% sales tax.

The reason the wording of the bill is "23% of the gross payments" (tax inclusive) is because it doesn't dictate what the sales tax rate is any more than it dictates what a business should charge.

It wasn't written for the consumer because the consumer doesn't remit the tax. The wording is to instruct the business to remit "23% OF the/ir gross payments" which would have to be "tax inclusive"...In fact "gross payments" would be everything "inclusive".

State sales tax laws are also written for the business not the consumer. But state laws dictate a business impose a tax ON a purchase then remit that amount instead of a tax "23% OF the gross payments".

36 posted on 12/16/2005 8:10:08 AM PST by lewislynn (Fairtax= lies, hope, wishful thinking and conjecture.)
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To: lewislynn
It wasn't written for the consumer because the consumer doesn't remit the tax.

There are two problems with that. First, the consumer is the one who will be expected to vote for or otherwise support the FairTax, so informing them is the highest priority. Second, "hiding" the tax in the sticker price is very bad on many levels. If you'd like to see why, look no further than the gas pump. Gas stations are blamed for "price gouging", when in reality it's the politicians who should be lynched for "tax gouging."

38 posted on 12/16/2005 8:34:06 AM PST by Shalom Israel (Well, I got better...)
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