It's the price you pay for the items as discussed - the price of the thing plus the federal tax involved.
The state taxes are irrelevant to the discussion since it is the federal tax we are discusssion. You look up "total" since it can equally mean the defined thing we were discussing - which was the area limited to tax under the FairTax.
Or would you like to try to throw in the cost of your Grandmother's toenail clippers?
The state taxes are irrelevant to the discussion since it is the federal tax we are discusssion.
You would like for everyone to beieve that but the federal tax we're discussing taxes payments not products and services, "gross payments" to be exact. And "gross payments" would include, among other things, state sales taxes.
Read the bill
`(b) Rate-
`(1) FOR 2007- In the calendar year 2007, the rate of tax is 23 percent of the gross payments for the taxable property or service.`(2) FOR YEARS AFTER 2007- For years after the calendar year 2007, the rate of tax is the combined Federal tax rate percentage (as defined in paragraph (3)) of the gross payments for the taxable property or service
The tax is "OF" the gross payment FOR, NOT "ON".