Replies

To: Always Right

Actually, the 23% rate is really a 30% rate. On a $77 purchase, you pay $23 in sales tax. They figure it is 23% of the total $100.

Actually, it is either. It depends on usage as to which makes more sense IMO.

It is also going to decrease to 20% inclusive/25% exclusive next year.

8 posted on 12/19/2004 1:56:40 PM PST by Principled

To: Principled

It is also going to decrease to 20% inclusive/25% exclusive next year.

Is a 25% sales tax rate supposed to excite us?

39 posted on 12/19/2004 2:41:45 PM PST by lewislynn (The meaning of life can be described in one word...Grandchildren)

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