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Politics : Liberalism: Do You Agree We've Had Enough of It? -- Ignore unavailable to you. Want to Upgrade?

To: TideGlider who wrote (92231)	10/4/2010 4:36:53 PM
From: lorne	1 Recommendation Read Replies (1) \| Respond to of 224729

TideGlider..." Now how will this help Kenneth? He was so happy.".... I will post the US dollar index to him and he can cheer or get his jollies as the value drops. :-)

To: TideGlider who wrote (92231)	10/4/2010 4:48:11 PM
From: Sedohr Nod	1 Recommendation Read Replies (3) \| Respond to of 224729

I wonder if B.C.'s sales tax code is anything like this?...Reads like a chinese fluster cuck to me. Washington has a 6.5% statewide sales tax. As of January 1, 2009, sales tax is not applied to most food items and prescription medications (not including over-the-counter medications). However, the Business & Occupation tax is still applied to these items. Individual counties, municipalities and regional transit authorities are entitled to collect a sales tax, which varies from 0.5% to 2.5%. Within King County, the King County Food & Beverage (KCF&B) tax adds an additional 0.5% to food and beverages purchased in bars, taverns and restaurants resulting in an effective tax rate of 10.0% (9.5% on all other items).[124] Additionally, the sale or lease of motor vehicles for use on the road incur an additional 0.3% tax, rental of a car for less than 30 days has an additional state/local tax of 8.9%.[124] When renting a car for less than 30 days in Seattle, the total sales tax is 18.6%. When purchasing an automobile, if you trade in a car, the state subtracts the price of the trade when calculating the sales tax to be paid on the automobile (e.g., purchasing a $40,000 car and trading a $20,000 car, you would be taxed on the difference of $20,000 only, not the full amount of the new vehicle). When staying at a hotel (60+ rooms capacity) in Seattle, the sales tax is 15.6%. Residents of Canada and US states or possessions (only US and Canadian locations having a sales tax of less than 3%, e.g., Oregon, Alaska & Alberta) are exempt from sales tax on purchases of tangible personal property for use outside the state. Stores at the border will inquire about residency and exempt qualified purchasers from the tax.[125] Washington also has a Gross receipts tax called the Business and Occupations Tax (B&O). Also, the seller of a house pays excise taxes on the full sale price. The amount of the varies by county. In King and Snohomish counties, it is up to 1.78%. For example, selling a house for $500K will incur a tax of $8900. Residents of Washington who purchase goods for use in Washington must pay a use tax in lieu of a sales tax if any one of four conditions are true. If a Washington resident purchases goods and certain services in other states that do not charge a sales tax or charge a sales tax rate less than the sales tax rate in Washington, or if an out of state seller does not collect Washington sales tax, the resident must pay a use tax on all goods that will be used in Washington. Use tax must also be paid if a Washington resident purchases goods from a seller who is not authorized to collect sales tax or if personal property is acquired with the purchase of real property.[126] Washington state does not typically pursue use tax collection for most purchases, however, in 2005, the Washington State Department of Revenue began to make a concerted effort to collect use tax on artworks acquired in other states.[127] The lowest combined state, county and municipality sales tax rate in Washington is 7.0% in most of Klickitat and Skamania Counties, while the highest combined sales tax in Washington is the 10% tax on prepared food and beverages in King County. April 1, 2008 saw tax increases in King County (+.001), Kittitas County (+.003), Mason County (+.001), and the city of Union Gap (+.002).[128] On July 1, 2008, Washington stopped charging an origin-based sales tax, and started charging a destination-based sales tax. This change only applies to transactions beginning and ending within state lines and does not apply to other states.[124] Additionally, Washington started collecting taxes from online retailers that have voluntarily agreed to start collecting the sales tax in return for not being sued for back taxes.[129] The city of Seattle charges a 10% tax on charges for parking garages to go toward mass transit. Total tax at parking garages is now 19.5%. On November 4, 2008, voters in King County (Seattle) approved a 0.5% increase in the sales tax. Taxes within the city were increased to 9.5% on retail purchases. This increase was supposed to be effective Jan. 1, 2009, but was pushed back until April 2009. (For the first quarter of 2009, the tax rate in Seattle was 9%.) en.wikipedia.org