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To: SAJ
If the proponents were not intending to deceive -- which they are, the 23% figure is a fantasy at retail -- they would quote the honest tax rate and state the proposal in a manner consistent with everyday retail sales practice.

They should just say it's a 29.87% rate, because everyone will see the $100 price on the receipt and the $29.87 tax on the receipt. But they try to be cute.

186 posted on 12/24/2007 10:11:33 AM PST by Toddsterpatriot (What came first, the bad math or the goldbuggery?)
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To: Toddsterpatriot
Yes, they should. The fact that they do not speaks volumes, don't you think?
194 posted on 12/24/2007 10:23:17 AM PST by SAJ
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To: Toddsterpatriot
They should just say it's a 29.87% rate, because everyone will see the $100 price on the receipt and the $29.87 tax on the receipt. But they try to be cute.

Well said.
687 posted on 12/30/2007 4:11:16 PM PST by mysterio
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