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<p>[QUOTE=&quot;-jeffB, post: 2280805, member: 27832&quot;]I&#039;m not sure why this is so hard to understand.</p><p><br /></p><p>Based on a bit of Google searching, I don&#039;t see a one-cent tax on beer for Arkansas; instead, I see a 3% off-premises tax and a 10% on-premises tax.&nbsp; Assuming you pay around $5.99 for a six-pack, your total price with the 3% tax would be $6.17. But if you buy $20 worth of other groceries as well, rounding will only happen on your <i>total</i> bill for the transaction. Stores will <i>not</i> separately round up the tax on each item, any more than a gas station separately rounds up the &quot;2.05 9/10&quot; price on each individual gallon you pump.</p><p><br /></p><p>Your &quot;one cent tax on motel rooms&quot; is actually a <b>2%</b> tax. Unless your room costs 50 cents to rent (like the old song says), your tax will be more than one cent. A more plausible nightly rate is $40; a 2% tax on that would be 80 cents a night.</p><p><br /></p><p>Abolishing the one-cent coin, or even the nickel or dime, will have <b>no impact at all</b> on tax rates, any more than the lack of a quarter-cent coin has an impact on my local 7.75% sales tax rate. The rate is applied to total transaction amounts, and rounding is done only to the final total charge.[/QUOTE]</p><p><br /></p>

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