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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: Principled
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?

When does a person ever add up all their expendatures and figure out how much sales tax they've paid. Never. The only time they ever figure sales tax is when they are shopping and figure the tax based on the retail price. Something that is much harder to do with a tax-inclusive rate.
75 posted on 04/23/2004 1:11:55 PM PDT by Your Nightmare
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To: Principled
None of that is deceptive. It's the way we all figure our taxes today.

It's not the way we figure sales taxes today. Sales taxes are always expressed the tax exclusive method. You want to see deceptive, consider this. I just made a purchase at lunch. The sales receipt is a follows:

Item description $ 29.25
8.25% sales tax 2.44
TOTAL $32.09



With a NRST, this receipt becomes:

Item description $ 29.25
8.25% state & local sales tax 2.44
23% national sales tax 8.85
TOTAL $40.94



That's not deceptive?
76 posted on 04/23/2004 1:28:48 PM PDT by Your Nightmare
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