First off you have NEVER shot anything out of the water to my recollection and secondly why is it wrong to describe someones purchase of a $2.00 gallon of milk $1.54 for milk and $.46 Tax as a 23% tax when that is EXACTLY what it is?
First off you have NEVER shot anything out of the water to my recollection and secondly why is it wrong to describe someones purchase of a $2.00 gallon of milk $1.54 for milk and $.46 Tax as a 23% tax when that is EXACTLY what it is?First off, he was talking about the tax added on to the price, which would be the exclusive rate. Second, what if $0.16 of that $2.00 was state sales taxes? Are my federal sales taxes still 23% of my $2.00 purchase?
Bigun, I'm glad to have another FairTax-er on board. Get used to Your Nightmare, lewislynn, balrog666, and willie green.
Myself, Ancient_geezer, principled, taxman, and phil_will will help you out a lot.