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<p>[QUOTE=&quot;TheMont, post: 2970028, member: 80121&quot;]Here in New Mexico (yes, we are a state in the U.S.) we have something worse than a sales tax, it&#039;s called a gross receipts tax. Each city, county, and the state add to the percentage charged and it is charged on everything except food (they&#039;re trying to change that). Here&#039;s the list of items taxed:</p><ul> <li>Selling property in New Mexico;</li> <li>Leasing or licensing property employed in New Mexico;</li> <li>Granting a right to use a franchise employed in New Mexico;</li> <li>Performing services in New Mexico, and</li> <li>Selling research and development services performed outside New Mexico, the product of which is initially used in New Mexico.</li> </ul><p><br /></p><ul> <li>When I was a Realtor I had to pay the tax on my commission! Double taxed, because it was also taxed on the State Income Tax.(see 4th item)</li> </ul><p>Having listed the above, I have never seen a Coin Shop, We Buy Gold and Silver, Pawn Shop, or Coin Show charge the tax on a purchase. If you know the dealer they will take a check and still not charge the tax, I&#039;ve never been in a Coin Shop that takes a credit card, but I have been to a coin show where they do and no, no tax. As far as I know my coin club is the only coin club that has a bi-annual Coin Show- no tax collected.[/QUOTE]</p><p><br /></p>

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