I don't know what that has to do with exclusive tax rates on income so I guess you concede I'm right. It is not possible to calculate exclusive tax rates ON income.
However, from your link:
"However, an intermediate measure, net national product (NNP) is a superior mea-sure when calculating tax burdens. It best represents the “spendable” income earned by taxpayers (individuals and businesses). This is the income that is available to taxpay-ers for the payment of taxes.Funny, you, and apparently the Tax Foundation, call "spendable income" as money "available to taxpay-ers for the payment of taxes"
I call "spendable income" as money I can spend AFTER taxes....
I don't know what that has to do with exclusive tax rates on income
Nothing at all, other than a rhetorical device to help you around to the capacity of recogizing the basis of the tax exclusive rate as regards income.
so I guess you concede I'm right.
Not quite but with just a little effort and thought on the matter, you too can be right.
I call "spendable income" as money I can spend AFTER taxes....
Great, now it is clear you grasp the base of an exclusive tax rate with regard to income.
The base of the tax exclusive rate is a specified amount of net income on which taxes are added to determine the gross income one must earn to receive a specified net income.
The tax exclusive rate is calculated from a specified tax inclusive rate as demonstrated in:
| The Wrong Camera: The Denominator of the Tax Incidence Equation. Dan R. Mastromarco; LLM, Argus Group, Washington D.C. Tax Analysts Document Number: Doc 1999-32575 Citations: (October 8, 1999) B. Use a Consistent Size Screen to Portray It. [120] Presentation of a rate of tax on a tax-exclusive basis simply means that the rate of the tax is expressed as the tax paid over a base determined after the tax was already imposed (for example, taxable income under our personal income tax system that is net of the tax). In other words, a tax-exclusive rate would be defined as: $ tax paid [121] The rate therefore reflects the ratio of taxes paid to what is left in the base, such as net of tax income. |
Glad you finally figured it out.
Amazing. This is a statement from an unfortunate indidvidual who accepts the status quo. Ll you have an affinity for after tax income. This speaks volumes about your agenda. It is easy as hell to see the agenda of Always Right, a little more difficult to see the agenda of YN, and it has been incredibly difficult to understand your agenda. Of course I am assuming that you and YN have an agenda to keep the status quo but I don't think that is such a stretch. I can't, for the life of me, understand how you and YN can oppose something that is so good for the economy and so good for business. But, then again, you have a propensity to use little stingers like "get it" and often use personal slurs. You dwell on incredibly minute items that have not even been finalized. You are condemning a law that hasn't been written. Could that be called paranoia?
It certainly can. I really don't know why we are wasting our time with you on this board but I do give you the waste of time of debate. It is valuable. But it seems to me that when you debate a prevaricater you only get frustrated. Are you going to continue to harp on the grosss vs. net payment? Are you going to continue to use subtle insults at the end of all your posts? If so I will remind you once again that you are in my crosshairs. I will do everything I can to discredit you and I am finding that task easy.