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Old 04-26-2009, 09:59 PM
 
Location: NJ
202 posts, read 921,126 times
Reputation: 108

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Hey peeps!

I'm just wondering.... how come taxes are not included with the price when you for ex. buy fast food etc. For example, an ice-cream says it cost $1 on the menu, but then they say $1.07. Why not just include with taxes and say $1.07 on the menu directly. It's hard to caculate 7% extra pay for tax, it's easier to just include taxes with the item on everything, like gas.
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Old 04-26-2009, 10:13 PM
 
Location: New Jersey
2,510 posts, read 3,352,072 times
Reputation: 621
Quote:
Originally Posted by NJ-201 View Post
Hey peeps!

I'm just wondering.... how come taxes are not included with the price when you for ex. buy fast food etc. For example, an ice-cream says it cost $1 on the menu, but then they say $1.07. Why not just include with taxes and say $1.07 on the menu directly. It's hard to caculate 7% extra pay for tax, it's easier to just include taxes with the item on everything, like gas.
Because if you see that you may not buy it ......It would be nice to find a clock on a casino wall but that will never happen either because they don't want you to leave.......
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Old 04-26-2009, 11:03 PM
 
Location: England.
1,288 posts, read 2,973,751 times
Reputation: 1278
As a foreigner living in NJ in the 80s, I assumed it was to remind you of the real cost of taxation every time you made a purchase, and to remind politicians not to keep raising taxes. Silly naive me.
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Old 04-26-2009, 11:39 PM
 
744 posts, read 1,259,514 times
Reputation: 182
Quote:
Originally Posted by NJ-201 View Post
Hey peeps!

I'm just wondering.... how come taxes are not included with the price when you for ex. buy fast food etc. For example, an ice-cream says it cost $1 on the menu, but then they say $1.07. Why not just include with taxes and say $1.07 on the menu directly. It's hard to caculate 7% extra pay for tax, it's easier to just include taxes with the item on everything, like gas.
Because it is not legally required.

Business A is not going list their item at $1.07 while business B next door lists the same thing at $1.00.

It's a pain in the ass, since offloading your coins is harder as you don't know (without wasting effort on simple math) how much the thing is going to cost.
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Old 04-27-2009, 02:22 AM
 
4,101 posts, read 9,250,217 times
Reputation: 3342
Quote:
Originally Posted by Hengist View Post
As a foreigner living in NJ in the 80s, I assumed it was to remind you of the real cost of taxation every time you made a purchase, and to remind politicians not to keep raising taxes. Silly naive me.
this is what i always thought
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Old 04-27-2009, 06:49 AM
 
Location: occupied east coast
883 posts, read 2,002,166 times
Reputation: 1868
Quote:
Originally Posted by hengist View Post
as a foreigner living in nj in the 80s, i assumed it was to remind you of the real cost of taxation every time you made a purchase, and to remind politicians not to keep raising taxes. Silly naive me.


+1
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Old 04-27-2009, 08:12 AM
 
3,166 posts, read 8,254,440 times
Reputation: 1992
Another reason is that, unlike in Europe, sales tax often varies by municipality. If you have stores in NYC, non-NYC NY, NJ, and PA, you have to deal with 4 different sales tax codes.

Can you imagine picking up a Target or Best Buy ad and seeing 4 different prices for each item?
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Old 04-27-2009, 02:39 PM
 
Location: 32°19'03.7"N 106°43'55.9"W
8,152 posts, read 17,619,099 times
Reputation: 7389
Can you imagine if you extended this argument to buying homes in NJ?
Example: wonderful 4 bedroom 3 bathroom cape, etc etc, for $485,000! (+ property taxes at 11k per year! Just $815,000 if you plan on staying for the full 30 years!)

Somehow, I think the amount of people considering moving to NJ would decrease.
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Old 04-27-2009, 03:33 PM
 
Location: NJ
25,088 posts, read 31,265,398 times
Reputation: 17094
Quote:
Originally Posted by sholden View Post
Business A is not going list their item at $1.07 while business B next door lists the same thing at $1.00.
this is ultimately the real reason. you want to list your items lower to attract customers. its not your fault that the government steals additional money from people to fund their corruption.
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Old 04-27-2009, 08:20 PM
 
38 posts, read 71,963 times
Reputation: 36
Just do the math, it's not hard with practice.
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