Subj : Re: Um...no comment?
To   : Deuce
From : richardw
Date : Tue Sep 13 2005 02:24 pm

  Re: Re: Um...no comment?
  By: Deuce to richardw on Tue Sep 13 2005 01:01 pm

 >  > I believe the way it works here in Texas... if you're buying components t
 >  > resell after assembly, you need not pay taxes on them.  I'm not positive
 >  > on this.  Anyhow, that would mean the taxes are paid when the item is sol
 >  > to the end user only.
 >  >
 >  >  > Do you expect to have a usefull military on either tax scheme?
 >  >
 >  > Of course.
 > 
 > It has been estimated that to replace existing income tax, either income or
 > sales tax rates would need to be around 20%.

Ok, how about 10% of each?

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