Low cost Mass production of PV promised in the future - Page 12

 On Mon, 01 Oct 2007 21:10:37 -0700, Bob F wrote:


Yeah, me too, before much longer. We need the "Fair Tax Act" to be passed.
Jeffrey

 

dogbreath wrote:


No. We don't.

Note that in the following information, a tax rate of 23% is used
since that was the figure given for the implementation of this tax.


        `SEC. 2. DEFINITIONS.
        `(a) In General- For purposes of this subtitle--
        `(5) GROSS PAYMENTS- The term `gross payments' means
        payments for taxable property or services, including
        Federal taxes imposed by this title.
http://thomas.loc.gov/cgi-bin/query/z?c110:H.R.25 :

If the "gross payment" is the cost of the property PLUS the tax
imposed, wouldn't this equation (#1) then be a factual representation
of the word problem in Sec 2(a)(5):

Equation 1:
X=Y+T

Where:
X is the gross payment;
Y is the untaxed cost of goods;
T is the amount of tax?

Subtract T from both sides gives us:
Equation 2:
X - T = Y

        `SEC. 101. IMPOSITION OF SALES TAX.
        `(a) In General- There is hereby imposed a tax on the
        use or consumption in the United States of taxable
        property or services.
        `(b) Rate-
        `(1) FOR 2007- In the calendar year 2007, the rate of
        tax is 23 percent of the gross payments for the
        taxable property or service.

If the tax is 23% of the gross payments, wouldn't this equation then
be a factual representation of the word problem in Sec. 101(b)(1):

Equation 3:
T = .23 * X

Swapping equation 3 for T in equation 2 gives us:
Equation 4:
X - (.23 * X) = Y

Solving for X:
Equation 5:
X * (1 - .23) = Y

Equation 6:
X * (.77) = Y

Equation 7:
X = Y / .77

Substituting $100 for Y:
Equation 8:
X = 100/.77

Equation 9:
X = 129.87

Subtract the cost of goods from the "gross payment" to find the actual
tax:
Equation 10:
129.87 - 100 = 29.87

Divide the actual tax by the untaxed cost of goods to find the
percentage increase:
Equation 11:
29.87 / 100 = .2987

The "tax" is 29.87% of the cost of the goods and to properly calculate
the sales tax, the cost of goods will need to be multiplied by .2987
to calculate the actual tax.

23% tax???? It's actually 29.87% showing how the criminals in
government continue to execute legal plunder.

-----------------------------------------------

Doing the math from a different angle results in the same answer:

As taken off one of the government websites,
http://thomas.loc.gov/cgi-bin/query/z?c110:H.R.25 : here are the
WRITTEN words of the law under discussion:

        `SEC. 2. DEFINITIONS.
        `(a) In General- For purposes of this subtitle--
        `(5) GROSS PAYMENTS- The term `gross payments' means
        payments for taxable property or services, including
        Federal taxes imposed by this title.

Let us call the purchase price the "sticker price" as Mr. X. suggests,
and shorten it to "SP". Let us also shorten the term gross payments to
"GP" and federal taxes to "T".

Thus:
The term GP means SP including T, or simply:
GP = SP + T

Next:

        `SEC. 101. IMPOSITION OF SALES TAX.
        `(a) In General- There is hereby imposed a tax on the
        use or consumption in the United States of taxable
        property or services.
        `(b) Rate-
        `(1) FOR 2007- In the calendar year 2007, the rate of
        tax is 23 percent of the gross payments for the
        taxable property or service.

The rate of tax is 23% of the gross payment (GP) thus the tax imposed
(shortened to T) is .23 times the gross payment (GP) or simply:
T = .23 x GP

In order to find out what T is for a given SP, we need to solve for T,
so some simple algebra is done.

GP = SP + T
T = .23 x GP        Substitute (SP + T) for GP
T = .23 x (SP + T)  Multiply SP and T by .23
T = .23SP + .23T    Subtract .23T from both sides of the equation
T - .23T = .23SP    Subtract .23T from 1T
.77T = .23SP        Divide both side of the equation by .77
T = .23SP / .77     Divide .23 by .77 to solve the equation
T = .2987SP         to solve for T.

That is exactly what the written words of the proposed law state.

If the "sticker price" as Mr. X. calls it in his reply is $100.00,
then the amount to be tendered is $129.87, an increase of $29.87 over
the sticker price. That is 29.87% of the sticker price calculated in
the same manner as a state sales tax already is.


If the NRST is X% then the increase over the sticker price is.
24% then 31.57% (.24/.76)
25% then 33.33% (.25/.75)
26% then 35.13% (.26/.74)
27% then 36.98% (.27/.73)
28% then 38.88% (.28/.72)
29% then 40.84% (.29/.71)
30% then 42.85% (.30/.70)


--

http://www.synapticsparks.info/evidence

 

Dale E wrote:


Is the "Fair Tax" a "direct" tax?

Or is the "Fair Tax" one of the 'indirect' taxes? (shown following)

Is the "Fair Tax" a "duty" tax?
Is the "Fair Tax" an "impost" tax?
Is the "Fair Tax" an "excise" tax?

In other words, and to help the reader understand the question,
EXACTLY WHAT is being taxed?

Is the act of selling a tangible good being taxed?
Is the act of buying tangible good being taxed?

Is the tangible good being taxed?
Is the tangible good being taxed under the buyer's new ownership?
Or is the tangible good being taxed under the seller's ownership prior
to the sale?

Reason for the questions:
To determine if the tax is subject to the rule of apportionment or
subject to the rule of uniformity under the U.S. Constitution.

You wouldn't want the Federal government to do any more
unconstitutional acts than they are already doing, would you?



--

http://www.synapticsparks.info/evidence

 

Actually in order for the tax to go back to sales tax.
You have to change the constitution and strike income tax.
Because in time a polical group would find a way to charge both.
Sale tax and income tax.....
They are liberally doing just that with income tax and ssi at this time.
If you think just a little farther the ssi & alternative tax is
unconstitiutional ,
because of double taxation.You want to try not paying either....
So,yes you did pay 23%,ssi is 12% also added to general revenue and spent
accordly.
for a total of 35%.So if you got 100% refund...which isn't going to happen
because of alternative.
You still paid 12% unless you also filed a separate ssi form for a refund on
that as well.
And few bother to collect on overpayments on SSI.

Now if we addd in excise tax and tolls.....that tax load is even higher.
And even more double taxation,to boot.
If you go to anything simple the tax load would be too visible...to the
lackees paying them.
But then that is reason for a code that not even the IRS and tax collectors
understand fully.
Can you imagine the economic impact of a tax code ,that doesn't need
accountants to prepare?
Can you imagine the impact of  a tax code that doesn't allow politician to
influence votership with tax credits?
Or similar social engineering ....
You consider much of the conruption in government hinges off of the tax
money and the way it is collected.
So a move to simlify taxes is a move to defund corruption.
The corrupt will not stand for that ....



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 On Tue, 02 Oct 2007 11:12:39 -0500, Dale E wrote:


As an aside, you can play the same numbers game with your paycheck. So,
which tax rate are you paying? The income tax is figured on an inclusive
basis so the federal government can claim the lower rate. That's the same
way as how the fair tax is figured, since it's design is to replace the
income tax. As to the constitutionality, and all of the other arguments,
those are for another day. Having a national sales tax would make the tax
rate "visible" to people each and every time they purchase some good or
service. Hopefully, people would then begin to keep a closer eye on what
our government is doing in DC.
:?)