Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Toddsterpatriot
I'm trying to tell you that prices would no longer be listed as pretax with the FairTax in place. Shelf prices would include the tax.

Under the FairTax if the doctor's price list says "Checkups $100.00" the receipt would show $77.00 for services rendered $23.00 tax to Fed. Gov.

If the price list says "Checkups $129.87" the receipt would show $100.00 for Services rendered and $29.87 tax to fed. gov.

If the price list says "Checkups $150.00" the receipt would show $115.50 for Services rendered and $34.50 tax to fed. gov.

Whatever the Dr. lists as his price for a checkup under the FairTax, $23.00 of each $100.00 will be tax and the remainder for services rendered.

774 posted on 01/11/2008 11:22:31 AM PST by Bigun (IRS sucks @getridof it.com)
[ Post Reply | Private Reply | To 773 | View Replies ]


To: Bigun; baybabe
If the price list says "Checkups $129.87" the receipt would show $100.00 for Services rendered and $29.87 tax to fed. gov.

Thanks. For some reason baybabe was afraid to give me that answer.

775 posted on 01/11/2008 11:24:11 AM PST by Toddsterpatriot (What came first, the bad math or the FairTaxery?)
[ Post Reply | Private Reply | To 774 | View Replies ]

To: Bigun
Perhaps you note that the poster is trying to shift his original example - which is a cost of $100 including tax under the FairTax.

Now that he sees he’s wrong he’s trying to shift his way out of the position.

780 posted on 01/11/2008 1:30:07 PM PST by baybabe
[ Post Reply | Private Reply | To 774 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson