Linked by Kroc Camen on Tue 15th Jun 2010 10:03 UTC
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Member since:
2008-10-15
No I'm afraid you're the "ignoramus", way to demostrate it!...Sales tax in the US vary by state and even county and/or town/city..here in Crook County, err I mean Cook County, there is quite a high sales tax rate for the US. The combined tax rate, (city + county) for Chicago (the largest city in Cook County) is 10.25%, and as the other poster stated, is only applied at point of sale and not along the manufacturing process.
Oh and here's some reference material to read...but I'm sure you already have it memorized and something is wrong with my eyes...http://tax.illinois.gov/Publications/Sales/strrm/07012008/ST-25.pdf
chip chip cheerio!