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To: ancient_geezer

I think you are verifying my $129.87 as acurate (in terms of amount). Is that correct?

Also, I think lewislynn is trying to infer that state taxes would be taxed at the FairTax rate in addition to the item price, suggesting the following:

$100 item
$10 state sales tax
$110 subtotal
$33 FairTax
$143 total

I think he is being deceitfull, and that it would be as follows:

$100 item
$10 state sales tax
$30 federal sales tax
$140 total

I think I remember you asking Linder about this. Can you clarify?


838 posted on 01/31/2005 10:02:56 PM PST by OHelix
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To: OHelix

I think lewislynn is trying to infer that state taxes would be taxed at the FairTax rate in addition to the item price

State/local taxes are neither taxible property nor service, thus cannot be subject to the NRST per the statute:

Sec 101(a) IN GENERAL- There is hereby imposed a tax on the use or consumption in the United States of taxable property or services.


841 posted on 01/31/2005 10:16:35 PM PST by ancient_geezer (Don't reform it, Replace it!!)
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To: OHelix
I think he is being deceitfull, and that it would be as follows:

Do you have a clue to what the words "of the gross payment means"?...

What is deceitful about the definition of "of the gross payments"?

`(5) GROSS PAYMENTS- The term `gross payments' means payments for taxable property or services, including Federal taxes imposed by this title.

Can you make full (gross) payment on a product or service without paying all the taxes?

The tax is imposed on (actually of) the payment... not the price of the product or service.

I understand you don't like it but that's what the law (not me) says.

843 posted on 01/31/2005 10:21:33 PM PST by lewislynn (The meaning of life can be described in one word...Grandchildren)
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