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To: Bryan24

.08% = a total tax of $80 on an income of $100k. While that’s a lovely idea, it won’t pay for our military, much less anything else.


15 posted on 12/12/2010 1:08:39 PM PST by Sherman Logan
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To: Sherman Logan

It’s obvious he meant 8%, he actually stated that in his next sentence.

If you multiply a number by 0.08, you get 8% (8 parts of one hundred).

Pedantry is unbecoming.


20 posted on 12/12/2010 1:34:06 PM PST by Don W (I keep some folks' numbers in my 'phone just so I know NOT to answer when they call...)
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To: Sherman Logan

$100,000.00 * 0.08 = $8,000.00


22 posted on 12/12/2010 1:36:03 PM PST by avoCAdos
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To: Sherman Logan

I think the extra % sign was a typo.


29 posted on 12/12/2010 2:33:32 PM PST by rfp1234 (Badgers? We don't need no stinkin' badgers!)
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To: Sherman Logan

Bryan24 should have left the percent sign out of his formula. He meant 8%. Which I believe is too low. Prolly more like 20%.

Merry Christmas


31 posted on 12/12/2010 3:19:45 PM PST by upchuck (When excerpting please use the entire 300 words we are allowed. No more one or two sentence posts!)
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To: Sherman Logan

DOh! Was thinking 8 cents on the dollar. Should have been 8 %.

100K gross = $8,000 tax bill.


53 posted on 12/12/2010 8:05:30 PM PST by Bryan24 (When in doubt, move to the right..........)
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To: Sherman Logan

I think he meant 8%, so it’d be $8,000 on a $100k income.


59 posted on 12/13/2010 2:35:45 AM PST by gogogodzilla (Live free or die!)
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