Still a savings. That is like a RAT saying that we haven't found any WMD. Then you tell them that we have found dozens of shells of sarin. Then they say that you haven't found the "stockpiles". Dream on. You're claiming a 25% drop in prices due to embedded taxes. I count 2%. You think we're really on the same page here?
I am correct. Payroll matters may be reported but not taxed.
True. That's the 2% I identified above. But this point is that compliance costs will not change because business accounting practices will not be changed by the NRST.
BULLS**t!!! Everything that a business buys to use for their subassembly is taxed. When that business sells their subassembly, it is taxed. When a business buys that subassembly to use for their subassembly, it is taxed. The final assembly price includes all of the previous taxes PLUS the final sales tax.
Wrong, wrong, wrong. First fundamental economics: only the final buyer pays any tax. Second, by law, B-t-B transactions for resale are not taxed.
Name a theoretical loophole.
Exclude all school supplies. Florida has a loophole like that for a week each year. That's the time to buy a new computer for school, I guess.
Florida also excludes presciption drugs and certain groceries from taxes. Get your lobbying group out now for your little exemption!
Besides, the NRST would abolish the 16th Amendment,
BWAAAAAAAAAAAAAAAAAAAAAAHAHAHAHA! That's so wrong all I can do is laugh.
Well, I see you understand the NRST about as well as the cut-n-paste geezer.
Besides, the NRST would abolish the 16th Amendment,
BWAAAAAAAAAAAAAAAAAAAAAAHAHAHAHA! That's so wrong all I can do is laugh.
Well, I see you understand the NRST about as well as the cut-n-paste geezer.
Directly from H.R. 25 - Congress further finds that the 16th Amendment should be repealed.
Dream on. You're claiming a 25% drop in prices due to embedded taxes. I count 2%. You think we're really on the same page here?
When did I claim a 25% drop in anything?
Wrong, wrong, wrong. First fundamental economics: only the final buyer pays any tax. Second, by law, B-t-B transactions for resale are not taxed.
I am sorry that you do not understand that when you buy a product, part of the cost of that product is comprised of income taxes being recovered from whoever it took to make that final product.
Name a theoretical loophole.
Exclude all school supplies. Florida has a loophole like that for a week each year. That's the time to buy a new computer for school, I guess.
Florida also excludes presciption drugs and certain groceries from taxes. Get your lobbying group out now for your little exemption!
Wouldn't the Feds and the State push to limit loopholes such as the ones you suggested because this would only hurt the overall revenue? How would I be hurt if the state of FL decides to give the teachers a break on certain purchases?
Well, I see you understand the NRST about as well as the cut-n-paste geezer.
Everything that I cite is in
H.R. 25. Try reading it.