| Eomund said: The FairTax is a national Retail sales tax. It is paid whenever the end-user buys anything new at retail. Services are included in being taxed. However used items are not. The tax is about 23% on everything. The Tax rate is inlcuded in the price so the shelf price of a high-end blender is $100 the actual cost of the blender is $77 and the FairTax is $23. The sales receipt will note this divide on the costs. |
Actually, $23 is 30% of $77.
Tag (courtesy of fkusumot): "Please feel free -- nay, I encourage you -- to offer rebuttal."
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My advice to fanboys: Brag about stuff that's true, not about stuff that's false. Predict stuff that's likely, not stuff that's unlikely. You will be happier, and we will be happier.
"Everyone is entitled to his own opinion, but not his own facts." - Sen. Pat Moynihan
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The old smileys: 
; - ) : - ) : - ( : - P : - D : - # ( c ) ( k ) ( y ) If anyone knows the shortcut for 
, let me know!
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I have the most epic death scene ever in VGChartz Mafia. Thanks WordsofWisdom!
