If your sales tax rate is 8.875%, what do you price a banana at to avoid change?

carlosjobim 13 hours ago | parent | next [-]

You price it including sales tax. Sticker price is final price.

If someone is buying a banana for resale, or buying with WIC or SNAP benefits (among other things), they would not owe sales tax. So if the price included sales tax, the sticker price would not be the final price.

You do not know the final price until you know how they are paying for it, what they are using it for, and when they are buying it (among other things).

Falsehoods programmers believe about sales tax (among other things).

	▲	knollimar 7 hours ago \| parent \| next [-]
		this is me preempting: yes I know I picked a bad example since produce isn't often taxed. Assume it's a prepackaged organic banana.
	▲	carlosjobim 11 hours ago \| parent \| prev [-]
		Then that discount can be deducted by the cash register when it's time to pay.

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micromacrofoot 13 hours ago | parent | prev | next [-]

$10

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randerson 14 hours ago | parent | prev [-]

This problem is easily solved in countries that use VAT

	▲	knollimar 7 hours ago \| parent [-]
		It really isn't; it's just acceptable to accumulate this rounding error I'm implying in those countries. Which is fine, but should be acknowledged.