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To: Always Right
"If you pay a preist [sic] $30,000, the church will need to remit $9,000 additional to the fairytax [sic]collector. "

Also wildly incorrect. You're getting further and further out to sea with these sorts of charges.

If you think that's correct, then post the exact wording from the link I gave that supports this - or from the bill itself.

769 posted on 10/24/2006 12:01:06 PM PDT by pigdog
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To: pigdog
If you think that's correct, then post the exact wording from the link I gave that supports this - or from the bill itself.

I posted all the words from the bill, and according to it an expense like a pew or a preist salary does not meet any of the criteria for tax exemption since it is does not have anything to do with an intermediate sale. Also the wording in your link does not address that either. It wisely avoids the subject since it is trying to spin the fairytax lies. The specific example in your link:

In other words, purchases for business purposes are tax exempt and sales to consumers are taxable, e.g., a church selling Bibles. The church pays no tax when it purchases the Bibles but it must collect sales tax when it sells the Bibles. The church is likewise responsible for remitting the tax to the state sales tax authority.

Yes, purchases made for resale are tax-exmept. Purchases for final consumption, like a pew or a minister's salary, are absolutely taxed under the fairtax.

771 posted on 10/24/2006 12:07:09 PM PDT by Always Right
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