U.S DOLLAR WORTH LESS IN DIFFERENT STATES
October 19th 2009 19:42
Have you ever considered what your U.S dollar is worth in one
state compared to another? For instance, take a one dollar bill
into say, a Dollar Store in New York State and buy a non-sale
item for one dollar there.
Then take another U.S. bill to shop in a Dollar Store in Delaware.
Buy the exact same non-sale item there as you did in the New York
store.
Now compare the receipts. Let's say you purchased the same brand
and size of toothpaste in both stores for the exact $1 marked price.
In New York, you will have to spend not only the dollar but another
eight cents or perhaps more depending upon not only state but "local"
option sales taxes as well.
Thus, your U.S is worth at least eight percent less in New York
State than in Delaware.
This simply dollar valuation exercise can be used to compare the
actual value of your hard-earned dollars from state to state.
When considering vacationing in the U.S. it pays to consider
not only the sales tax rate but the more insidious "Rooms and Meals
Tax" as well. The Rooms and Meals tax even kicks it on in-house
made grocery store food products!
Florida even has the nerve to soak rental car customers with a
battery recycling charge. In Essex County, N,Y., they hit hotel
guests up with a county rooms and meals tax on top of the already
high state tax.
When booking rooms, renting cars, or shopping in the 50 states
and U.S. owned possessions, it pays to research what the taxes
and fees are before visiting there.
state compared to another? For instance, take a one dollar bill
into say, a Dollar Store in New York State and buy a non-sale
item for one dollar there.
Then take another U.S. bill to shop in a Dollar Store in Delaware.
Buy the exact same non-sale item there as you did in the New York
store.
Now compare the receipts. Let's say you purchased the same brand
and size of toothpaste in both stores for the exact $1 marked price.
In New York, you will have to spend not only the dollar but another
option sales taxes as well.
Thus, your U.S is worth at least eight percent less in New York
State than in Delaware.
This simply dollar valuation exercise can be used to compare the
actual value of your hard-earned dollars from state to state.
When considering vacationing in the U.S. it pays to consider
not only the sales tax rate but the more insidious "Rooms and Meals
Tax" as well. The Rooms and Meals tax even kicks it on in-house
made grocery store food products!
Florida even has the nerve to soak rental car customers with a
battery recycling charge. In Essex County, N,Y., they hit hotel
guests up with a county rooms and meals tax on top of the already
high state tax.
When booking rooms, renting cars, or shopping in the 50 states
and U.S. owned possessions, it pays to research what the taxes
and fees are before visiting there.
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