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To: sklar
But don't forget, under 9-9-9, when the flour maker buys wheat from the farmer, he'll be paying a 9% Fed Sales Tax that HE NEVER PAID BEFORE.

Dead wrong. Please repeat after me:

It's a sales tax, not a value added tax.

It's a sales tax, not a VAT.

It...is...a...sales...tax...on...retail...sales.

Please, let's not confuse it with something it's not.

21 posted on 10/16/2011 6:54:47 PM PDT by okie01 (THE MAINSTREAM MEDIA: Ignorance On Parade)
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To: okie01

You’ll have to forgive sklar - there are some economic synapses that simply don’t fire for him (or her). I mean, they just don’t connect regardless of how slowly you write a post.


38 posted on 10/16/2011 7:17:30 PM PDT by C. Edmund Wright
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To: okie01

So when the Flour maker SELLS the flour to the Bread Maker who Pays the SALES tax on that SALE?


129 posted on 10/17/2011 3:37:57 AM PDT by ballplayer
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