Honest... yeah right... from the people who can’t tell the difference between 23% and 29.87% or even 30%
I can tell the difference. If my INCOME were taxed at 23% instead of 30% I would have an extra ~$15000/yr at my disposal.
But since INCOME taxes are nonnegotiable and involuntary the only way I can reduce how much the government robs from me every year is to either make less money or devise a scheme that excludes me from having to pay, such as you did.
I on the other hand, engineered the largest tax-free family business transfer ever up to that time,----xcamel
How did you do that, Wesley?
I know the difference between 23% and 30%.
I know the difference between tax inclusive and tax exclusive.
I know the difference between a sales tax and an income tax.
And I know that when one compares the income tax to a sales tax, one has to use appropriate tax rate definitions.
Most of the FReepers who lurk or participate in these tax threads know these differences, also. You really are wasting your time by continuously bringing the subject up.
It is you nattering nabobs of negativism who are using bogus “tax rate” arguments to obfuscate the issue and try to confuse folks.
If you were truly committed to the truth, you’d admit that, concede the point, and move on to more meaningful discussions.