2 cent piece revisited

I like the sales tax in New Hampshire the best. He may be referring to on some states sales tax return forms the tax paid is required to be rounded to the nearest dollar. I have tax resale numbers in 6 states currently

 

Log in or Sign up to hide this ad.

Here's a good sales tax comparison map and chart.

http://taxfoundation.org/article/state-and-local-sales-tax-rates-2016

It seems that "Maximum Local Tax Rates" are what can produce those crazy Chicago-style tax rates. I was shocked during a recent trip there by the tax rate compared to Minnesota.

 

I will if you will learn spelling and punctuation (google it).

 

grammar police

 

Try: You're off by 1 cent

yes

 

Just keep making the cent. Not sure why some thing the "rounding" will happen after taxes are applied. It will happen before that - as far as I am concerned everything across the board will go up. Anyone who "sells stuff" for a living will not take additional losses just because there is not a penny any more. If they did do away the cent then to start with things might not change a lot, but once they see the bottom line impact then watch everything go up. Suppliers, vendors, retailers and mostly investors won't allow this new loss of revenue to happen. That makes about 6 cents worth of opinions today - running low - anybody spare a few cents?

 

Definitely not an English major.

 

LOL - nope. Why worry about it - on this forum we have experts in all fields who will correct you at any point in time on anything. This is what happens when your brain works independently of your fingers. It is obvious mine do not play nicely together and are always trying to get each other in trouble - like when driving. My brain says wait it could be a wacko - but my finger has already saluted.

 

What state are you in, because of they are doing that they are cheating you. Tax RATES should not be rounded. The rounding should occur AFTER the rate is applied. If they are rounding the rate up to 11% they are charging you a higher rate than the law allows and are pocketing an extra .5% on all sales. Ar all businesses doing this or just some of them? If it is just some of them you can report them to the state revenue people. They tend to take a dim view of people overcharging on sales tax. (especially if they aren't remitting it.)