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To: Dimples

The SSMC tax load is indeed visible and is clearly specified in the bill as a percentage of the total rate.

In the present version of the bill it's 8.09%. Oh, yeah - for all you inquiring minds, that's tax inclusive.

I vote w/Kellis on this one and would rather see both of those entitlements abolished - which would get us down to about 10 or 11% ti. I doubt it'll all come about as a single thing since spending is really a separate issue but the FairTax helps us get there.


234 posted on 05/16/2006 4:44:52 PM PDT by pigdog
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To: pigdog
In the present version of the bill it's 8.09%. Oh, yeah - for all you inquiring minds, that's tax inclusive.
No it's not 8.09%. You can't do simple math like that with inclusive sales tax rates.
241 posted on 05/16/2006 5:31:53 PM PDT by Your Nightmare
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