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dsc

(53,178 posts)

9. The difference in the percents comes from the base

Reply to Yo_Mama_Been_Loggin (Original post)

Fri Jan 20, 2023, 03:21 PM

Jan 2023

It is 23% of the price with tax not without. So an item that costs $100 now will cost $130 because 23% of 130 is $30. Current sales tax is applied to the purchase price without the tax so a $100 item costs $108 in a state with 8% sales tax.

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Highlight:

Montana senator Jon Tester says he will defeat the GOP's 'awful plan' for a national sales tax [View all] Yo_Mama_Been_Loggin Jan 2023 OP

One of my favorite Senators. cilla4progress Jan 2023 #1

$8 eggs will cost over $10. A $50K car will cost $65K. CrispyQ Jan 2023 #2

esp as it makes them the tax collectors. mopinko Jan 2023 #4

cuz everyone would just pony up that 30% w no prob. mopinko Jan 2023 #3

TY & Sen Tester & all the Cha Jan 2023 #5

Not Manchin. Meadowoak Jan 2023 #6

Good thing we have Sen Warnock Cha Jan 2023 #8

That 23% was just bad math. It's really 30% RainCaster Jan 2023 #7

The difference in the percents comes from the base dsc Jan 2023 #9

We would have a HUGE black market. roamer65 Jan 2023 #10

That would be an issue alright. Disaffected Jan 2023 #15

30% is crazy... Buckeyeblue Jan 2023 #11

They could have passed this when they had the WH and Congress In It to Win It Jan 2023 #12

This is to make sure the poor pay a greater percentage of their income than the rich iemanja Jan 2023 #13

State sales tax bpj62 Jan 2023 #14

Consumption based taxes are never fair. patphil Jan 2023 #16