To: Remember_Salamis
Well, simplify it for me. Under the NRST, if I buy an item that is listed at $10, how much cash do I give the sales person?
6 posted on
04/23/2004 6:00:20 AM PDT by
Mr. Bird
(Ain't the beer cold!)
To: Mr. Bird
Well, simplify it for me. Under the NRST, if I buy an item that is listed at $10, how much cash do I give the sales person? If you bought an item that costs $10, you would have to give the cashier $13. How they come up with 23%, is that the $3 tax is 23% of the final cost of $13. But it is really a 30% sales tax if you wish to discuss things honestly. I build new homes, and I can say with 100% certainty, if they added 30% sales tax on to the cost of new homes, I would be out of business.
To: Mr. Bird
Under the NRST, if I buy an item that is listed at $10, how much cash do I give the sales person? $10.
The sales person would then remit $2.30 of that to the government as sales tax receipts.
16 posted on
04/23/2004 6:55:05 AM PDT by
kevkrom
(The John Kerry Songbook: www.imakrom.com/kerrysongs)
To: Mr. Bird
Well, simplify it for me. Under the NRST, if I buy an item that is listed at $10, how much cash do I give the sales person?It depends on what your state sales tax is. Their "NRST" is really a tax "of the gross payment"
Your $10.00 item with a 7% state tax would be $13.90.
$3.90 is 23% "of the gross payment".
32 posted on
04/23/2004 8:04:04 AM PDT by
lewislynn
(Who made you, the casual observer, the expert?)
To: Mr. Bird
Well, simplify it for me. Under the NRST, if I buy an item that is listed at $10, how much cash do I give the sales person?Give the salesperson the 10 bucks you owe them, and tell the government of eat s***
47 posted on
04/23/2004 8:59:09 AM PDT by
Joe Hadenuf
(I failed anger management class, they decided to give me a passing grade anyway)
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