To: gpapa
$3.90. It's 30% tax on top of the $3.00.
Since $0.90 out of the $3.90 price is tax, they call it a 23% tax. But you have to add 30% to the selling price to get the FairTax price.
23 posted on
05/11/2006 6:44:42 PM PDT by
RobFromGa
(In decline, the Driveby Media is thrashing about like dinosaurs caught in the tar pits.)
To: RobFromGa
There you go again...bringing facts and non-deceptive math into the fraud-tax...er..."fair tax" (sic) discussion. That's sure to just tick off the squirrels. ;o)
60 posted on
05/11/2006 8:34:24 PM PDT by
Prime Choice
(We are RepubliCANs, not RepubliCAN'Ts.)
To: RobFromGa
Since $0.90 out of the $3.90 price is tax, they call it a 23% tax. But you have to add 30% to the selling price to get the FairTax price. I don't know why this is special to you. The same could be said about the income tax.
Beyond that, why is this anywhere near as important as making sure illegals pay their share - or making US manufacturers more competitive in the world market?
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