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To: GeronL

One thing I am curious about is the wording I see in all the articles about this. There are a lot of items that are never really sold at the “list price”, but the wording seems to imply that not only coupons are affected but just plain sale prices. So, If you go into a car dealership and MSRP is $30,000, but you talk them down to $25,000, do you pay sales tax on the 30. I’m assuming the articles are just poorly written because that would be absolutely ludicrous.

Taxes are charged on the amount of money that actually changes hands. In the case of a coupon, they can claim the company treated it as money. But when there is no coupon, that loophole does not exist.


14 posted on 03/05/2011 10:24:32 PM PST by RobRoy (The US Today: Revelation 18:4)
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To: RobRoy

Politicians decide you pay, you do not pay they take.
They take anyway, this is about the money only.
Instead of doing what is necessary they will kick the can down the road for next unlucky politician elected.


18 posted on 03/06/2011 12:06:24 AM PST by Nailbiter
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To: RobRoy

Hey I have a novel idea /heavy sarcasm

Instead of raising taxes dumbass pols, how about cutting spending.
Cut every program presently funded by 95%.

Politicians does not get re-elected who cares, politician loses the rest of of the citizens have more money.

Problem solved


19 posted on 03/06/2011 12:11:12 AM PST by Nailbiter
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To: RobRoy

I guess that would mean the end of fake “50% off” sales if people had to pay taxes on that fictional 50%.

This has to be the worst idea ever


23 posted on 03/06/2011 11:35:44 AM PST by GeronL (The Right to Life came before the Right to Happiness)
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To: RobRoy

I guess that would mean the end of fake “50% off” sales if people had to pay taxes on that fictional 50%.

This has to be the worst idea ever


24 posted on 03/06/2011 11:35:54 AM PST by GeronL (The Right to Life came before the Right to Happiness)
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