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If 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
by Maarten88 10y ago
If 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.