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To: camle
"ewould be preferrable th thier knowing what you buy and when you buy it."

The State of Missouri and every other state I have been in collects sales taxes from purchases but the purchaser is anonymous. The retailer collects the tax. Think McDonalds takes your name and number every time you buy a BigMac?

340 posted on 03/08/2005 2:30:44 PM PST by SCALEMAN (Super Cards/Rams Fan)
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To: SCALEMAN; camle

The State of Missouri and every other state I have been in collects sales taxes from purchases but the purchaser is anonymous.

And is true under the Fair Tax legislation whenever NRST is collected by a seller in retail purchases:

 

H.R.25

Fair Tax Act of 2005 (Introduced in House)
http://thomas.loc.gov/cgi-bin/query/z?c109:H.R.25:


 

`SEC. 510. TAX TO BE SEPARATELY STATED AND CHARGED.

`(a) In General- For each purchase of taxable property or services for which a tax is imposed by section 101, the seller shall charge the tax imposed by section 101 separately from the purchase. For purchase of taxable property or services for which a tax is imposed by section 101, the seller shall provide to the purchaser a receipt for each transaction that includes--

`(1) the property or services price exclusive of tax;

`(2) the amount of tax paid;

`(3) the property or service price inclusive of tax;

`(4) the tax rate (the amount of tax paid (per paragraph (2)) divided by the property or service price inclusive of tax (per paragraph (3));

`(5) the date that the good or service was sold;

`(6) the name of the vendor; and

`(7) the vendor registration number.


366 posted on 03/08/2005 4:17:16 PM PST by ancient_geezer (Don't reform it, Replace it!!)
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