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To: Principled

I mean if something costs $100 and the tax rate is 10% (tax EXclusive) then you automatically know the final price is $110. Quick, what would it’s price be with a 10% tax INCLUSIVE rate?

You flat taxers are like liberals- Lying about the real rate, and attacking anyone with stupid nonesense when they try to have a rational discussion. ANOTHER reason I hate the flat tax.. all its supporters are unable to discuss it rationally withouth resorting to liberal tactics.

The answer to the aboive question is that the final price would be 111.10 , which to most people looks like 11.1% tax rate (which it is), not 10% (tax inclusive)


15 posted on 05/16/2007 12:08:10 PM PDT by Mr. K (Some days even my lucky rocketship underpants don't help)
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To: Mr. K

I oppose the flat tax. Separately, it is trivial to calculate the tax using either method. Sorry you have trouble.


16 posted on 05/16/2007 12:23:18 PM PDT by Principled
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To: Mr. K
It's also curious that you denigrate my post for repeating your assertion from your own post. lol
18 posted on 05/16/2007 12:25:01 PM PDT by Principled
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