Via Jim at Parkway Rest Stop, an exercise in basic arithmetic. Jim is a New Jersey resident; that state has been in the news lately, because of budgetary woes that led to a shutdown of the state government over the last several days.
One of the proposals in the budget was an increase in the state sales tax rate from 6% to 7%, which proponents spun as a “1% sales tax increase”, and which Jim correctly identifies as a 16%+ increase. I always enjoy seeing these arithmetic sleights-of-hand called out and Jim did a great job.
This post brought to you in part by the drilling in percentages, and more correctly, percentage increases, administered by a long-since-dead old-maid math teacher. Those sessions worked. And were put to use.
-k-
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