Quote:
Originally Posted by HarryT
No. If the sales tax rate is 8.25%, and that's eliminated, you're only saving 7.6% (100 is 7.6% lower than 108.25.)
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Quote:
Originally Posted by Cinisajoy
So they are saving even less than they thought.
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And it is all profit for the stores. They are getting full retail, not having to collect sales tax and have convinced consumers that they are saving money.
Apache