just because ancient geezer doesn't explain it doesn't mean we can discount its validity. i am still reading on some links so i'm unprepared to jump in yet, but i'd like to see an explanaiton of why you take the position that the 33.6% is wrong. again, not explaining it or not defending it is not a valid reason to discount it. he did provide a link to the dry cleaning example - what is wrong with it - other than ancient hasn't explained or defended it?
also i noticed the cost of comliance was too low in your example - and to be clear are you using tax inclusive or tax exclusive rates?
I apologize I did not read all 400 + posts but how would this affect mortgages? If you were to buy a housw with this in effect would you add 23% to the price of the home or will homes be exempt?
just because ancient geezer doesn't explain it doesn't mean we can discount its validity. i am still reading on some links so i'm unprepared to jump in yet, but i'd like to see an explanaiton of why you take the position that the 33.6% is wrong. again, not explaining it or not defending it is not a valid reason to discount it. he did provide a link to the dry cleaning example - what is wrong with it - other than ancient hasn't explained or defended it?What's wrong with it is that the dry cleaning example is somebody just guessing what the taxes would be on a bunch of line items. There is no research behind it. The simple math I used showed it to be in error.