I'm sorry if I'm not communicating well this morning I'm not saying that 23% of 100 is 29. I guess I didin't make it clear later in my post that 23% of 100 is 23 but we are not talking about straight percentages here were talking about taxes. if you go to thier website they will use the same numbers I just did to explain that as currently propsed the NRST is a inclusive Tax they want to charge a 23% inclusive tax on a retail purchase which is where they get that 129 number. So if you make a purchase of 100$ they figure the tax INCLUSIVE so you would pay 129 for you goods because 23% of 129 is 29 and 129-29=100 not like the exclusive state sales tax I pay here in Texas where if the rate were 23% (thank God it's not) the straight forward tax on $100 would be $23 for a total of $123 go to thier website and see for yourself.
Thanks for the clarification. That's not my understanding of how this is supposed to work because, if true, it sounds as though it is double taxation.
I want to dig into it a little deeper and see what's going on.