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To: Remember_Salamis
Most people can do regular tax rates in their head- if you have a state sales tax of 8% and you buy something for $100 you know you will pay $108 dollars at the register.

You cannot do the same thing with a 'tax inclusive' rate.
The ONLY reason for using the much more difficult to calculate 'tax inclusive' rate is because the rate SOUNDS lower. In other words, to deceive people.

So then your claim that this is the 'more honest' way to do it is the complete opposite- and adds to the deception by glorfying it as 'more honest'.
72 posted on 04/23/2004 12:24:37 PM PDT by Mr. K (ø¤º°`°º¤ø,¸¸,ø¤º°`°º¤ø,¸¸,I stole this cuz its funny,¸¸,ø¤º°`°º¤ø,¸¸,ø¤º°`°º¤ø))
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To: Mr. K
I disagree -- see my #52.

Also, tax-inclusive is used to compare income/payroll taxes and the NRST on the same footing. If you prefer to use tax-exclusive rates, we can, but be sure to use a tax-exclusive form when talking about income and payroll taxes, too.

That's 8.28% for FICA (18.1% for self-employed), 25% for long-term capital gains (instead of 20%) etc.

73 posted on 04/23/2004 12:33:05 PM PDT by kevkrom (The John Kerry Songbook: www.imakrom.com/kerrysongs)
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To: Mr. K
Most people can do regular tax rates in their head.

You mean like this?
"If I earn $100,000 and pay $23,000 of it in taxes, that's a 23% rate."

You're right, that IS easy.. and it is the tax inclusive way - the way which you say is "deceptive".

Let's try another example...maybe this one will be "deceptive"?

I spend $100,000 and pay $23,000 of it in taxes, that's a 23% rate. hmmmm... that was easy too!.

Well let's make the math harder, maybe that's "deceptive"?

How about... I earn $67,596 and of those dollars earned, $15,547 was used to pay federal taxes. What rate is that? Let's see, tax divided by total earned is .23 or 23%. Is that deceptive?
How about I spend $67,596 and of those dollars spent, $15,547 was used to pay federal taxes. What rate is that? Let's see, tax divided by total spent is .23 or 23%. Is that deceptive?

None of that is deceptive. It's the way we all figure our taxes today.

What's deceptive is your agenda. There is an honest question on how to figure the tax - you're not asking it though. You're simply trying to confuse others so that they stop learning about the nrst. Why?

74 posted on 04/23/2004 1:04:50 PM PDT by Principled
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To: Mr. K
Again, No. the NRST is a replacement for the income tax, and that is why they're in the same terms. If you want to use ta-x exclusive terms (like sales taxes are quoted), let's start telling every american that pays a 25% tax rate thet they're really paying 33.33%. It's the same amount of money.
95 posted on 04/23/2004 9:22:01 PM PDT by Remember_Salamis (Freedom is Not Free)
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