State sales tax

New Home Forum Random or Off Topic State sales tax

This topic contains 12 replies, has 7 voices, and was last updated by  Jeffeb3 1 month ago.

Viewing 13 posts - 1 through 13 (of 13 total)
  • Author
    Posts
  • #41616

    Ryan
    Keymaster

    tax

    I wonder my home state sales are so low compared to the rest of the world….10%….

    Attachments:
    #41629

    Barry
    Participant

    At least you’re not in Maryland.  They tax you for the rain there.

    #41691

    Bill
    Participant

    I’m in Oregon, no sales tax except what’s built into the gasoline prices, and the rain is always free!

    #41715

    Jakob A
    Participant

    The rain here in Denmark is still free, but the sales tax is 25% ….

    #41728

    Jeffeb3
    Participant
    The rain here in Denmark is still free, but the sales tax is 25% ….

    Makes you want to save all your money and move to Mexico.

    When a business buys flour to make bread, do they pay the VAT?

    #41729

    Jakob A
    Participant

    well… the short answer would be no 🙂 (they do pay it, but it is later returned…)

    #41736

    David Walling
    Participant

    Ours is 8.25%

    #41746

    Ryan
    Keymaster

    Well, thanks, I actually feel better about it now. From my end it can be tough. Some days I only see sales tax, credit card processing fees, shipping fees, state tax and federal tax, admin fees. Other days I just take a step back and realize, how freaking awesome my job can be.

    #41757

    Johnny
    Participant

    I pay 8.25% like David. State takes 6.25, county takes 1%, and local area takes 1%.

    #41766

    Jeffeb3
    Participant

    There’s a mall here in Lakewood, CO that has a 1% or 1.5% fee on all purchases. It’s not included in the advertised price, so it seems like someone should sue them for it.

    This same mall had their roof destroyed in a hail storm, and shut the mall down for 6 months. Water all over the storws. The insurance the mall told the tenants to buy doesn’t cover the damage to their stuff, or the lost income from an entire summer of being shut down. I wonder if they are still paying rent. The storm was in May, and they are saying it will be open in November. Should be interesting to see what is still going to be there when it opens.

    #41771

    Ryan
    Keymaster

    Everyone wants a percentage. Hands out from every angle.

    #41772

    Ryan
    Keymaster

    A friend is scouting restaurant locations and I guess it is common for the landlords to get 3% of sales…that blew my mind.

    #41794

    Jeffeb3
    Participant

    That’s pretty crazy. I always think about incentives though, and if your landlord wants to repave the parking lot, at least they have some motivation to do it in a way that doesn’t affect business.

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