Quote:
Originally Posted by ZenGum
How would that even work? Rich people have to pay more than poor people on the same item? Or expensive items are taxed at a higher rate than lower price items?
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Expensive items will have a higher tax rate than cheaper items.
For example, if an item costs $10.00 it will have a tax rate of 5.00% making it $10.50 in total.
But if an item costs $10,000 it will have a tax rate of 10.00% making it $11,000 in total.