Home / The U.S.A. National Sales Tax (NST) Hoax: “The Tax is 23 Percent”

# The U.S.A. National Sales Tax (NST) Hoax: “The Tax is 23 Percent”

This is the U.S.A. National Sales Tax (NST) hoax: “The tax is 23 percent”.

The 23% is used to hoodwink people who do not bother to read Congressman Linder’s Bill. This figure is a mathematical relationship. It is not money paid.

The truth is the tax is 30% on purchases of all services and new products. The Bill requires that the NST be printed on the cash register receipt.

You buy a soft drink. The receipt states: “\$1 soft drink”, “\$0.30 NST”, “\$1.30 Total”.

Citizens will be outraged. \$0.30 divided by \$1.30 equals 23 percent. This is not the cents the consumer pays.

(The same simple-mindedness is manifested in percent pay raises). You pay 30 cents because the rate is 30 percent. )

Read the Bill and do the math.

The mathematically-challenged say: “Item costs 77 cents, tax is 23 cents, the total is 1 dollar. That’s a 23 percent tax.”

Compute a 30 percent tax of a price. Divide the tax by the sum of the price plus the tax. The tax will be 23 percent of the total of the-price-and-the-tax.

• Some context? Some background? Some understanding of mathematics and economics?

• Someone labeled it news? oh, the humanity.

• is this, like….performance art?

• The 30% applies only to selected non-essential goods, and doens’t this bill also include the elimination of all other federal taxes on individuals?

Dave

• When my son is older, and he messes up his math problems, I will bring him to this URL and show him what bad math means

• gonzo marx

Aaman sez…
*I will bring him to this URL and show him what bad math means*

Quoted for Truth

Excelsior!

• When my daughter is older and messes up her government term paper I will bring her to this URL and show her what inadequate documentation means.

Dave