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National Retail Sales Tax - You gotta be kidding!
GOPNATION.COM ^ | January 31, 2005 | Steve Pudlo

Posted on 01/31/2005 7:12:16 AM PST by bmweezer

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To: Tax-chick
It's not much of a problem, since I usually stick to Brooklyn and Manhattan, when withdrawing books/CDs/audiocasettes/DVDs, etc., etc...

I did finally acquire a Queens library card this past year, as I was working on Paul's congressional campaign, because a large chunk of his district is located in neighborhoods like Maspeth, Ridgewood, Sunnyside, Woodside, etc., etc...

I have to admit, though, they have a much better selection there-at least among local branches-than their counterpart in my borough.

581 posted on 01/31/2005 12:14:51 PM PST by Do not dub me shapka broham (Beware the wrath of the Bolivarian Bucket-head Brigades.)
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To: Do not dub me shapka broham

Go to Grand Army Plaza...........best Library in all of NYC.....at least it was the last time I was there!!!!


582 posted on 01/31/2005 12:15:08 PM PST by Gabz (Anti-smoker gnatzies...small minds buzzing in your business..............SWAT'EM)
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To: Gabz
Just for that, I'm going to ping you to my "welcome back" vanity thread.

:0)

-good times, G.J.P.(Jr.)

583 posted on 01/31/2005 12:16:08 PM PST by Do not dub me shapka broham (Beware the wrath of the Bolivarian Bucket-head Brigades.)
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To: kevkrom
Good corrctions from both... they balance out -- evasion isn't necessary as it already exists and is not captured in GNP,
The issue isn't the "underground economy," it's the increase is sales tax evasion/avoidance above current levels. We are not talking about drug deals, we are talking about business collecting the tax and not remitting it, people purchasing for private use with a business certificate, buying offshore, (the FairTaxer's favorite) buying used, etc. It is the increase in these types of activities that will grow with a extremely high NRST and will erode the FairTax base. This increase is not accounted for in the proposed rate.
584 posted on 01/31/2005 12:17:00 PM PST by Your Nightmare
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To: Laura Earl

Yep.


585 posted on 01/31/2005 12:17:11 PM PST by Conspiracy Guy (If only I used my evil genius for good !)
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To: FreedomCalls

If you used what I said out of context to post that picture and comment, it was pretty funny.

But you did take it out of context.

I posted that as one option. I also posted that you will have a lot more money at your disposal. That means that it's YOUR FREAKING CHOICE.

FreedomCalls either has a very funny sense of humor or limited ability to read and comprehend and appreciate what happens when freedom calls.


586 posted on 01/31/2005 12:18:08 PM PST by Badray (This tag line under construction.)
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To: jonestown
No, not clever, that idea is idiotic. $23.00 is a 23% tax on the selling price of 100 dollars. If the merchant charges $129.87, he is charging a 29.87% sales tax on a $100 sale.

Rare that I stick up for YN, but he's right, you're wrong. The 23% NRST is tax-inclusive, i.e., 23% of the total price, including tax, is tax. That is, if T is the tax and P is the pre-tax price, you have:

Ri = T / ( P + T )

The tax-inclusive method is used in the NRST bill to compare it to income taxes in an equitable manner. For example, if my effective income + payroll tax rate was 23%, in order to buy a $77 item, I'd have to earn $100, pay $23 in tax, and then have $77 left over. Under the NRST, if I spend $100, I pay $23 in tax and $77 for the item, exclusive of tax.

Now, the way a sate sales tax is expressed uses a tax-exclusive method. E.g. a 5% sales tax on a $100 item yields a total bill of $105, $5 of which is tax. (The corresponding tax-inclusive rate is 5 / 105 = .0476)

Using the same variables as before, the tax exclusive rate is expressed as:

Re = T / P

So, a 23% inclusive rate equals a 29.87% tax-exclusive rate. (Proof for the reader: plug 0.23 in for Ri and then solve simultaneous equations to get Re.)

587 posted on 01/31/2005 12:18:41 PM PST by kevkrom (If people are free to do as they wish, they are almost certain not to do as Utopian planners wish)
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To: Do not dub me shapka broham

Two of us are fakes.


588 posted on 01/31/2005 12:19:23 PM PST by Conspiracy Guy (If only I used my evil genius for good !)
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To: kevkrom
Rare that I stick up for YN, but he's right, you're wrong.
Wow, I'm speechless...

;-P
589 posted on 01/31/2005 12:21:12 PM PST by Your Nightmare
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To: Conspiracy Guy; Do not dub me shapka broham

There are three of me standing here, two are imposters!
Find out who on To Tell the Truth!


590 posted on 01/31/2005 12:21:15 PM PST by Darksheare (Trolls beware, the icy hands of the forum wraith are behind you!)
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To: ArGee

Simpler is definitely better in terms of complying with tax laws...........

I'm not discounting his concerns about decline in consumerism, I'm just using my own personal circumstances to give an opposing point of view on his premise.


591 posted on 01/31/2005 12:22:53 PM PST by Gabz (Anti-smoker gnatzies...small minds buzzing in your business..............SWAT'EM)
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To: hchutch

Fear of losing their jobs keeps them in line, nothing in the law does.


592 posted on 01/31/2005 12:23:08 PM PST by Badray (This tag line under construction.)
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To: Your Nightmare
it's the increase is sales tax evasion/avoidance above current levels

For someone who's constantly harping about published studies, I assume you have something handy that shows that evasion will be higher under a sales tax than it is under an income tax?

Or are you just making your own unfounded assertion and passing it off as fact?

593 posted on 01/31/2005 12:23:13 PM PST by kevkrom (If people are free to do as they wish, they are almost certain not to do as Utopian planners wish)
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To: Your Nightmare
Wow, I'm speechless...

Even a broken clock, ya know. ;)

594 posted on 01/31/2005 12:23:57 PM PST by kevkrom (If people are free to do as they wish, they are almost certain not to do as Utopian planners wish)
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To: kevkrom
True. No one is compelled to file for the rebate, but that could have a significant impact on your effective tax rate (even at spending of 10 times the poverty level, it would be a 10% cut in your effective tax rate to file for the FCA).

I fully understand that and I'm not sure I would do that. I'm not as much of a privacy advocate as William Safire is. I would see it as a moral difference, though, to have me compelled to provide certain information as a matter of law the way I am today, and to be required to provide certain information if I wish to receive a benefit. No matter how big that benefit, the choice is mine.

Shalom.

595 posted on 01/31/2005 12:24:17 PM PST by ArGee (After 517, the abolition of man is complete)
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To: Gabz
I actually used to enjoy traveling to Grand Army Plaza.

I don't know when it occurred, perhaps it was when they installed a mini-Starbucks in the lobby, but for some reason, I eventually lost my enthusiasm for browsing through its book collection.

I started utilizing the main branch of the New York system-in midtown-when I was matriculating at Brooklyn College.

Surprisingly, I think that BC's recently constructed library probably has the most comprehensive, voluminous collection out of all the branches-at least, the ones that I've been to-in NYC.

596 posted on 01/31/2005 12:25:30 PM PST by Do not dub me shapka broham (Beware the wrath of the Bolivarian Bucket-head Brigades.)
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To: Your Nightmare
Of course, no one's been able to demonstrate how a business's costs would be "dramatically reduced" by eliminated the income/payroll tax. For 2004, the FairTax base plus exports equaled $9,074 billion. Corporate income tax, the employer portion of payroll and unemployment equaled $573 billion. That's only 6.3% of the base and that's if the tax incidence of all those taxes are in prices, which is extremely unlikely. And an extremely generous $200 billion for tax compliance and you still only have 8.5%.

So maybe you can show me where the other >$1.5 trillion in costs savings is going to come from.

I'm not sure what you mean by the FairTax "base". Do you mean the companies which would have to collect the FairTax from it's customers?

597 posted on 01/31/2005 12:25:58 PM PST by OHelix
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To: ancient_geezer

Got it!!!!!!!!!!!!!

THANKYOU!!!!!!!!!


598 posted on 01/31/2005 12:26:17 PM PST by Gabz (Anti-smoker gnatzies...small minds buzzing in your business..............SWAT'EM)
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To: FreedomCalls

Do you support our current tax system?

Why do you oppose the FairTax? I've seen snide remarks, but no substantive argument.

Change your screen name and tag line.

You really appear hypocritical when you post such anti liberty and anti freedom babble.


599 posted on 01/31/2005 12:27:18 PM PST by Badray (This tag line under construction.)
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To: Do not dub me shapka broham

OK, Mr. Kotter.


600 posted on 01/31/2005 12:27:22 PM PST by Gabz (Anti-smoker gnatzies...small minds buzzing in your business..............SWAT'EM)
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