No one here has seen the research...Do you have a link to it?
And since business purchases are not taxed, there is a savings of 22% or so to the producers. Then, add the nrst and prices are back to today's level.
I tried your math. It doesn't work.
Minus 22% then plus 29.87% doesn't come out to the same price.
100 minus 22 = 88
88 plus 29.87% = 114.29
I don't expect you to understand but that's a 14.29% increase in price by any logic...except yours of course.
There's that little math problem again. Idiot.
100-22=78
78 x 1.29= 100.62
88 plus 29.87% = 114.29
I don't expect you to understand but that's a 14.29% increase in price by any logic...except yours of course.
Although this post requires little explanation, it does show that after sales tax prices will indeed be the same.
How 'bout try that little subtraction thingy again. Can you do that?
In case you can't, I'll fill you in... 100-22=78, not 88.
And you base your entire argument on your faulty cipherin'...
Pity.
LL:I tried your math. It doesn't work.
Minus 22% then plus 29.87% doesn't come out to the same price.
100 minus 22 = 88
88 plus 29.87% = 114.29
I don't expect you to understand but that's a 14.29% increase in price by any logic...except yours of course.
Wanna try again Lewis? 100-22= _______________?????
BTW 100-22=78
78 x 1.29= 100.62