To: lewislynn; kevkrom; hopespringseternal
`(5) GROSS PAYMENTS- The term `gross payments' means payments for taxable property or services, including Federal taxes imposed by this title. Yes, this is the definition of tax inclusive. THe tax you pay is supposed to be 23% of the total you pay for the item plus the nrst - that's why it says to include Federal taxes imposed by this title. You forgot to print the part that says other taxes are excluded from being taxed. Why did you do that?
Lewis "somehow" forgot to copy and past the part that says "excluding other federal and state taxes".
Gross payment is defined (look in the bill yourselves, lewis omits and rephrases) just as you expect it to be defined.
Gee, I wonder why lewis didn't copy that part too???
To: Principled
Lewis "somehow" forgot to copy and past the part that says "excluding other federal and state taxes".Did I?...If it exists you could copy and paste it for me in it's entirety.
64 posted on
04/23/2004 9:47:13 AM PDT by
lewislynn
(Who made you, the casual observer, the expert?)
To: Principled
`(4) EDUCATION AND TRAINING- The term `education and training' means tuition for primary, secondary, or postsecondary level education, and job-related training courses. Such term does not include room, board, sports activities, recreational activities, hobbies, games, arts or crafts or cultural activities.
`(5) GROSS PAYMENTS- The term `gross payments' means payments for taxable property or services, including Federal taxes imposed by this title.
`(6) Intangible property-
`(A) IN GENERAL- The term `intangible property' includes copyrights, trademarks, patents, goodwill, financial instruments, securities, commercial paper, debts, notes and bonds, and other property deemed intangible at common law. The Secretary shall, by regulation resolve differences among the provisions of common law of the several States.
`(B) CERTAIN TYPES OF PROPERTY- Such term does not include tangible personal property (or rents or leaseholds of any term thereon), real property (or rents or leaseholds of any term thereon) and computer software.
Nope! You're lying, there's the copy and pasted paragraph before and the paragraph after.
No sign of "excluding other federal and state taxes"...(even in quotes?).
65 posted on
04/23/2004 10:01:26 AM PDT by
lewislynn
(Who made you, the casual observer, the expert?)
To: Principled
In practice, would merchants list the pre-tax price, or would they advertise the gross price? Technically speaking, is it not ultimately the merchants' responsibility to pay the taxes? "Sales" tax vs. "purchasers" tax? So are we talking about an invisible (to the consumer) tax, similar to all of the currently embedded taxes and regulation on a product's price?
66 posted on
04/23/2004 10:03:16 AM PDT by
Mr. Bird
(Ain't the beer cold!)
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