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I feel forcing restaurant and vendors to quote the full price allows politicians off the hook for high tax rates. I think it serves a purpose that anyone that h
by bko 10y ago
I feel forcing restaurant and vendors to quote the full price allows politicians off the hook for high tax rates. I think it serves a purpose that anyone that has parked in NYC knows there is 18%+ tax on their parking lot, and everyone in PR knows of 11% tax tacked on to nearly every item.
- zo1 10y agoThen display both the price, plus all the applicable taxes upfront.
- Maarten88 10y agoIf you feel that way, why not also let everyone know the profit margin as well, and put that separately on the tab? So everyone can know how much profit goes to the business owner? These things are politically motivated, and do not serve the consumer, who simply has to pay the full cost of doing business.
- protomyth 10y agoProfit margin is a private personal manner of the business owners, and sales tax is a matter of public records and government law.
- rbjorklin 10y agoWhich is why the tax is printed clearly on the receipt. Personally I do not like the American way of not including the tax into the listed price because it makes it harder to shop with a limited amount of cash on hand.
- bko 10y agoProfit margin is very hard to compute on an individual item. How do you allocate capital cost, cost of labor, r&d, etc? For instance, a recipe may consist of ingredients that cost a few dollars but it may include the work of the chef in crafting the recipe, capital depreciation of the equipment used, space allocation of the restaurant and a million other factors that are though to explicitly account for.
- the_mitsuhiko 10y agoEuropeans are used to high taxes and in most countries you can figure out where your tax money goes of thebwebsites of the finance ministries. The fear of government is not really a thing in Europe.