[Phantom Lord]

And if you go to a store and buy $130 in your fairtax world, the receipt will say $100 for the item and $30 for the tax. Is that correct?

If an item has a price tag of $100 you will pay $100 and the retailer will keep $77 and $23 will go to the NRST.

[Always Right]

If an item has a price tag of $100 you will pay $100 and the retailer will keep $77 and $23 will go to the NRST.

So it is a 30% tax added to $77. Thank you. What is wrong with the $130 example, BTW? Does that just make it too clear? A $130 item, the retailer will keep $100 and send $30 for this tax. What is so hard about being honest about what the tax rate is?

[lucysmom]

If an item has a price tag of $100 you will pay $100 and the retailer will keep $77 and $23 will go to the NRST.

Thank you, that answers one of my questions, finally!

The sales tax will be stated at the 23% inclusive rate, to mislead Joe Average into believing that he is paying a 23% sales tax when he is really paying a 30% tax. So much for transparency!