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To: pigdog
I don't understand why they think this is so hard to understand? Its very simple. I laugh every time they say you have the base price of $77 then you add the taxes and fed and state which comes to $100. Therefore, there is your 30% sales tax. I laugh so hard every time I read that. First, they assume States are going to leave their current tax system in place and not change in order to keep business and jobs in the state. Second, they do not understand percentages.
978 posted on 06/12/2005 5:56:46 PM PDT by Sprite518
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To: Sprite518
Second, they do not understand percentages.

Apparently neither does the fairtax website, who readily admits that their 23% tax rate is really a 30% rate at the counter.

984 posted on 06/12/2005 6:05:17 PM PDT by Always Right
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