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To: Your Nightmare
If their necessities cost $26,400, they weren't met because they only got $20,328 worth of stuff.

Nope. They got 26400 worth of stuff. And they had to pay tax on it, just like now - that's why they say "tax inclusive".

Supposing I had a 23% fed effective tax rate, my 26,400 in spending would've been 20,328 goods and 6072 tax. What's 20328 + 6072? Why it's 26400!

There is no difference between today's 23% income tax and a 23% nrst with respect to purchasing power. You somehow think that the income tax does not reduce purchasing power?!

678 posted on 10/24/2006 6:09:53 AM PDT by Principled
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To: Principled
Nope. They got 26400 worth of stuff. And they had to pay tax on it, just like now - that's why they say "tax inclusive".
So do their "necessities" cost $26,400 with tax or $26,400 without tax?
679 posted on 10/24/2006 6:15:11 AM PDT by Your Nightmare
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