To: Always Right
I agree. But let's look at the sales tax. Under the sales tax the doctor must remit $150,000 for sales tax.
Why would the doctor remit anything? Salaries are not taxed under the NRST. Taxes would only be paid when purchasing retail products and services.
To: SALChamps03
Why would the doctor remit anything? Salaries are not taxed under the NRST. Taxes would only be paid when purchasing retail products and services. The doctor's services to his patients are a taxable service. He is the collector for that tax. He must collect the NRST on whatever he charges his patients. The patients are in effect "purchasing" a retail health service from the doctor.
401 posted on
06/10/2005 9:21:02 PM PDT by
FreedomCalls
(It's the "Statue of Liberty," not the "Statue of Security.")
To: SALChamps03
Why would the doctor remit anything? Salaries are not taxed under the NRST. Taxes would only be paid when purchasing retail products and services. Medical services are taxable, so every penny a hospital or independant doctor receives they must remit sales tax.
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