Pachter's explanation on where your 60 dollars goes

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heedstone said:

dunno001 said:

heedstone said:

Hmm, I don't think it's as cut and dried as Mr Pachter makes out.  Also, I think he may of forgotten about tax.

Actually, in the US, tax is not included in the price like it is overseas for sales goods. Tax is an extra cost that is added on as a percentage depending on the area; here in VA, it's 5%, whereas in NY, the same item varies by county (7.5%-8.75% is where most fall), and then you have a couple like DE with no sales tax.

Good point dude, I didn't know that.  Sounds like you lot have it pretty damn good!  I think we have to pay about 17% tax in the UK! 

Please 17% tax is nothing... here in Sweden we first have around 28% tax(used to be around 32%) on our paychecks then we pay something called "moms"( wich pretty much makes everything 20-25% more expensive then it should be)... don't even get me started on what we pay extra for alcohole and nicotine based stuff...