everyone i know calculates their federal tax burden with an inclusive rate.... if you pay 25k in taxes and you earned 100K, i don't know anyone except you that would say that's a 33% rate. It's a 25% rate to everyone i know.Is that how everyone you know figures a sales tax?
Is that how everyone you know figures a sales tax?
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No of course not - we've had this discussion. when i think of overall tax burden, i (and anyone else i have EVER talked to) use inclusive rates. when i'm determining the price of an item, i use exclusive.
i think both rates are useful. my post was to point out intellectually dishonesty.