You're currently viewing posts by Pinsider flashinstinct.
Click here to go back to viewing the entire thread.
Well someone needs to pay for that wall LOL. All joking aside this will be a nightmare for small businesses and pinball manufacturers. Paying an extra $500 on top of the most likely $200 added cost to the already inflated pinball prices is not going to help.
Quoted from Sinestro:More Canadian misunderstanding. These are state sales taxes. Not the U.S. government.
I know I'm just f*cking with you guys.
Quoted from EricHadley:Where I live the tax is 4%, but in Denver city limits yes 7.5%
Wait you guys have different tax brackets within the state of Colorado as well. So Federal tax and then a varying state tax pending where you live within that state?
Quoted from AFM95:I'm curious to what everyone's thoughts are about what will happen with the pricing in the secondary market?
DILE for example, was $9,000 NIB (with no sales tax). The rough estimate for resale currently is $8,000 give or take. If I bought DILE today NIB, it's going to be $9,675 (with a 7.5% sales tax).
Does the NIB buyer eat the extra $675? Will a few hundred extra dollars be built into the resale price?
It will be interesting to see how the secondary market evolves moving forward.
Let me answer that by saying YES. In Canada people factor in the total price they paid. Some people don't include taxes but people generally do especially now that the prices have gone batshit crazy. Money is money after all. A DP pro is about $8300 tax in or $7350 without taxes in Ontario. I doubt people will want to give $1000 away.
Quoted from EricHadley:The Colorado (CO) state sales tax rate is currently 2.9%. Depending on local municipalities, the total tax rate can be as high as 11.2%. Colorado is a “home rule” state. Local-level tax rates in the state of Colorado are quite complex compared against local-level tax rates in other states.
*mind blown* 
Quoted from AFM95:Four states in the US have no sales tax. Every other state has a "baseline" sales tax (which is different than the taxes you pay to the state and federal government on your paycheck). Local counties and cities can add taxes to that "baseline" tax.
For example, the lowest sales tax in Minnesota is 6.875%. In Minneapolis, it's just over 8%. That extra 1.2% tax is to help for other amenities in Minneapolis like roads, sports stadiums, and other local government programs.
With that said, there are even more taxes on certain goods/items. Liquor gets taxed at an extra 2.5%, restaurants downtown charge an extra 3% on your food bill, hotel rooms get extra taxes, etc.
So If I get this right.
Let's say I live in an area close to Minneapolis that only charges the baseline tax and someone from Minneapolis buys something from my online store. I would have to charge the baseline tax + the Minneapolis tax?
Quoted from EricHadley:It’s typically based on the county you live in and the the city boundaries. For example the city of Denver vs the city of Littleton. I happen to live in unincorporated Douglas county so ours is lower because we don’t have a local city government to support. So my sales tax is based upon the state at 2.9% plus the county sales tax. Then there are other add-on’s. Such as RTD(our public transit system), if where you live is serviced by RTD there is an additional sales tax added on. Etc.
For online sales you pay the tax based upon point of delivery, where you have the item shipped to....typically your home. Vs a brick and mortar purchase. If I drive to Best Buy in Denver I can expect to pay a lot more sales tax because of where they are located.
That sounds so flawed somehow. In Canada we have federal and provincial ("state") taxes. And slowly provinces "states" are combining their taxes with the federal government and charging a single tax. In Ontario we used to pay 8% (government) and 7% (provincial). Now we pay 13% which combines both taxes across the board, unless it is a non-taxable item like essential goods. If I buy an xbox in Ottawa at $299 + tax, I will pay the same price if I drive 8 hours down to Niagara Falls, if I buy it in the middle of nowhere in Ontario it will still be $299.99 + tax.
The way you write this it makes it harder for a "Best Buy" to stay competitive with another "Best Buy" in a neighbouring town if they both don't charge the same taxes.
No wonder you guys say that your taxes are complicated. *I've learned something new today*
Quoted from EricHadley:*edited*
I guess it boils down to a different point of view. I pay taxes for things happening all over my province for the betterment of all citizens that live in it. Same things goes for our healthcare. I pay taxes so that someone can get heart surgery, or an operation to get a donated kidney for free. If roles were switched I would appreciate the same if ever I needed healthcare help. I'm completely fine with that.
Quoted from Luckydogg420:Your just cluing in now?
I do believe that is grade A CrazyLevy sarcasm you just fell for 
You're currently viewing posts by Pinsider flashinstinct.
Click here to go back to viewing the entire thread.
Wanna join the discussion? Please sign in to reply to this topic.
Great to see you're enjoying Pinside! Did you know Pinside is able to run without any 3rd-party banners or ads, thanks to the support from our visitors? Please consider a donation to Pinside and get anext to your username to show for it! Or better yet, subscribe to Pinside+!
This page was printed from https://pinside.com/pinball/forum/topic/2019-new-pinball-purchase-will-be-taxed-?tu=flashinstinct and we tried optimising it for printing. Some page elements may have been deliberately hidden.
Scan the QR code on the left to jump to the URL this document was printed from.
Orleans, ON