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?
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.
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.