To: Your Nightmare
How much is this credit going to cost?
How much does any tax refund cost today? An excess tax is being refunded via a credit mechanism upon the sale of the inventory that has been over taxed.
31 posted on
05/28/2004 1:42:44 PM PDT by
ancient_geezer
(Equality, the French disease: Everyone is equal beneath the guillotine.)
To: ancient_geezer
How much does any tax refund cost today?
They cost different amounts. I'm asking about this one.
An excess tax is being refunded via a credit mechanism upon the sale of the inventory that has been over taxed.
Won't this reduce the revenue collected the first two years? Was this reduction in revenue compensated for in the 29.87% rate?
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