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To: expatpat

Nope, you've got it wrong, pittipat. I'd love to see those lower tax rates and I think we probably will either with the passage of the bill or very shortly thereafter.

I believe the economic expansion alone will cause the rates to drop. No matter what the rate, though, I still expect to see it calculated correctly from whatever rate is in the final bill. It that is 23% t-i, then the correct t-e rate would be 29.87% since it would be derived from the bill's figure. Sales tax rates are frequently carried to two decimal places but I have never seen them calculated beyond that.


946 posted on 06/12/2005 4:59:28 PM PDT by pigdog
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To: pigdog
I believe the economic expansion alone will cause the rates to drop. No matter what the rate, though, I still expect to see it calculated correctly from whatever rate is in the final bill. It that is 23% t-i, then the correct t-e rate would be 29.87% since it would be derived from the bill's figure.

For discussion purposes, the rate is 30%. Get over it. If you wish to use the 29.87% number, knock yourself out. I am getting a kick over how annal you are being about this.

949 posted on 06/12/2005 5:10:12 PM PDT by Always Right
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