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To: Your Nightmare

We are discussing the NRST rate. We're discussing how much of the prices we pay today are "embedded" taxes.

The rate is related to the taxes law being replaced for the economic conditions in effect at the time of determination. 23% pre Bush tax cuts and pre-Bush economy. That is why one sticks with a consistent set of conditions by selecting 2000 as a base year, prior to the implementation of the Bush tax cuts and when the HR25 NRST rate was established.

why are you bring up the rate?

With tax cuts the embedded tax related factors change, the proposed NRST rate changes as well. That is why a new study is underway now.

238 posted on 08/29/2004 8:04:59 AM PDT by ancient_geezer (Equality, the French disease: Everyone is equal beneath the guillotine.)
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To: ancient_geezer; lewislynn
The rate is related to the taxes law being replaced for the economic conditions in effect at the time of determination. 23% pre Bush tax cuts and pre-Bush economy.
You're just makin' stuff up now to try and sound like you know what you're talking about. The NRST rate has nothing to do with the taxes "embedded" in prices right now.
239 posted on 08/29/2004 8:16:23 AM PDT by Your Nightmare
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