select record to insert php

Someone please tell what's wrong. It no wurk.

HTML:

<HTML>

<body bgcolor="#ccffff">

<FORM name=Form action="rateselect.php" method=post>

<B><center>

Set tax rate <SELECT name=taxrate>

<OPTION value=0.0000 selected>0.0%

<OPTION value=0.02900>2.9%

<OPTION value=0.04000>4.0%

<OPTION value=0.04225>4.225%

<OPTION value=0.04500>4.5%

<OPTION value=0.04700>4.7%

<OPTION value=0.05000>5.0%

<OPTION value=0.05300>5.3%

<OPTION value=0.05500>5.5%

<OPTION value=0.05600>5.6%

<OPTION value=0.05750>5.75%

<OPTION…

select record to insert php

See original post by ataloss