05-16-2011, 08:22 AM
0
Phil, I was thinking that same thing when I was reading Rhubarb's post.
Putting the tax included into the price of something is convenient but it does not alert the consumer to exactly what he's paying in taxes. On the receipt, it's broken down here and at tax time, that adds up to either nothing or a deduction to be added in for a bigger refund. It all depends on the product purchased and what it was purchased for.
Each state here also has different taxes. Here in NJ it's 7% on the dollar for sales tax but 3.5% for services (unless they changed that now to full taxes too), none for food or clothes, and in NY the taxes are 8.25% across the board for everything but food.
At the gas stations, taxes are included in the price, so what you see is what you pay.
Also, many places do and can include the tax in the prices and they must put a notation somewhere that price includes tax.
Putting the tax included into the price of something is convenient but it does not alert the consumer to exactly what he's paying in taxes. On the receipt, it's broken down here and at tax time, that adds up to either nothing or a deduction to be added in for a bigger refund. It all depends on the product purchased and what it was purchased for.
Each state here also has different taxes. Here in NJ it's 7% on the dollar for sales tax but 3.5% for services (unless they changed that now to full taxes too), none for food or clothes, and in NY the taxes are 8.25% across the board for everything but food.
At the gas stations, taxes are included in the price, so what you see is what you pay.
Also, many places do and can include the tax in the prices and they must put a notation somewhere that price includes tax.
![[Image: PancakeBunny.jpg]](http://www.twitchinkitten.com/myphotos/PancakeBunny.jpg)
I have no idea what you're talking about so here's a bunny with a pancake on it's head