Well, no, Rongie. You clearly stated something quite different. You sopecified the "cost" was $100 which (as is called out in the bill) would include the sales tax (tax inclusive, you see).
And as for the "correct" figure, 29.87% would be the normal statistical rounding to two places and NOT 30.00%. That's merely more dishonesty. Use 29.87% and I have no complaints; use 30% and it's obvious you're trying to fool people.
That's 'gross payment' according to your bill not 'costs'. I clearly defined what I meant by cost, so you are just being ignorant at this time.
You're kidding, right?
LOL, you boys are grasping for straws if you are going to call me a liar for not rounding off to two decimal places. The 30% number is legitimate. If I said 30.00% that would be incorrect. But for discussion purposes, 30% is an honest and correct rounding of 29.870129%. But you can continue to look like a fool to argue such a point.
And as for the "correct" figure, 29.87% would be the normal statistical rounding to two places and NOT 30.00%. That's merely more dishonesty. Use 29.87% and I have no complaints; use 30% and it's obvious you're trying to fool people.LOL! Then I guess the AFT is trying to fool people [shock!].
Submission of Americans for Fair Taxation on the FairTax Comprehensive Tax Reform Proposal
to
The President's Advisory Panel on Federal Tax Reform
April 29, 2005"Several independent researchers confirm the FairTax is revenue neutral at 23 percent (tax inclusive) or 30 percent (tax exclusive)."
They also use the 30 percent rate all through their website. Fool.