Petco 20% tax

thor109 · 07/04/2012, 09:02 AM

I got my 40 Gallon breeder for 48.05. $40 + 8.05 in tax. I asked the lady and was told I paid tax on the 114.99 price and was than given 74.99 off. That's bs if you ask me, but still s good deal. I'm going to use it to mix salt water for water changes and as a qt tank. It fits nicely in my stand next to my 75 gallon sump.

TheAquatect · 07/04/2012, 09:09 AM

I think if you get into the details of it, the discount is not a sale price but an instant rebate of sorts so the tax is based in the true price. Petco only collects the tax and it cannot use that as revenue.

TjwBlake · 07/04/2012, 09:20 AM

Basically
If it is on sale the taxes are based on the sale price
If it is a discount, taxes are always added to the regular price THEN the discount is applied

thor109 · 07/04/2012, 09:20 AM

I understand, but if I was doing it I would not give extra money to the state. They are collecting tax on money that never actually changed hands.

bhsgk · 07/04/2012, 09:33 AM

believe it or not most large retail stores get back around 1% of the total amount of taxes collected on the state's behalf that the store is in. now 1% does not sound like much but when a single walmart in a metro area does between 3-5 million a month in sales and collects 7% of that here in the state of florida then that 1% that they get back begins to sound like a lot. walmart does the same thing regarding collecting the tax on the original price versus the price after a coupon. go buy 1 item with a coupon and look at how much sales tax you pay.

TjwBlake · 07/04/2012, 09:35 AM

gotta love government

Larz_1 · 07/04/2012, 09:53 AM

Not a my PetCo.

I bought a 40b on 6/28/12 ... still have the receipt.
Regular price = $114.99
P.A.L.S. discount = -$74.99
Taxable total = $40.00
TX Tax 8.25% = $3.30
Total due $43.30

Tax on $114.99 would have been $9.49.

moondoggy4 · 07/04/2012, 10:24 AM

There is a another big thread about this, California charges the extra tax and some states do not. What ever the law is is what they charge I believe it is the same with cars but sure on that one.

James77 · 07/04/2012, 11:49 AM

It sure is BS.....but the Petco is only following state tax laws.

When I used to smoke and get the BOGO free packs, I still had to pay sales tax on the free pack. They think long and hard to be sure they get as much tax money as they possibly can

thor109 · 07/04/2012, 12:29 PM

I'm sure glad my state puts that box on my state tax form so I can pay them for all craigslist and online purchases. It's so easy if you just keep track of it all. I love paying taxes, especially when I see all the hard working state employees.

They way I see it is I would never pay 114.99. It's like if you are trying to sell your house for 250,000 and you agree to pay your realtor 6%. Do you still pay them 15,000 if you end up selling for 225,000? No you pay based on the money that changes hands.
I know it's the law I'm not arguing that. I just think its wrong. Petco chooses to make it a rebate and not a sale price. Most likely because they get to keep s portion of the tax

mcdonaldtj · 07/04/2012, 01:39 PM

All of the Cell hone companies do the same thing for instance if you bought an Iphone for 249 plus the 2 year plan you are paying taxes on 649.00. This is what an Iphone would cost if you bought it without the plan.

reefermad619 · 07/04/2012, 02:32 PM

You should upgrade phones at Walmart. I did it for my chick phone and only paid tax on the money that exchanged hands. My iPhone was about 249 at the iPhone store. $199 plus tax on $649 or whatever the full price is. At walmart the total price for the exact same phone was $215. I asked why and they said they charge tax on $199 and not $649. I'm doing all my upgrades at Walmart from now on!

moondoggy4 · 07/04/2012, 02:42 PM

Funny both you guys are from San diego and where both charged differently for the tax.

windowlicker916 · 07/04/2012, 02:46 PM

I think the line of thinking behind this is to prevent tax fraud.

For instance, if I was a Lawyer and you were a Carpenter and we exchanged services, I helped you with your divorce and you made me new cabinets, taxes are owed on the market price of the services provided.

Granted no one really does this

reefermad619 · 07/04/2012, 02:47 PM

I think mcdonaldjt is talking about ALL cellphones stores. I bought my iPhone from apple because no one else had em at the time. But once they weren't so popular, my chick wanted one and we got hers at Walmart. And from now on I will ONLY get my phones at Walmart. F paying tax on full retail price.

07/04/2012, 09:02 AM	#1
thor109 Registered Member. Join Date: Jun 2011 Location: Plainfield, Indiana Posts: 822	Petco 20% tax I got my 40 Gallon breeder for 48.05. $40 + 8.05 in tax. I asked the lady and was told I paid tax on the 114.99 price and was than given 74.99 off. That's bs if you ask me, but still s good deal. I'm going to use it to mix salt water for water changes and as a qt tank. It fits nicely in my stand next to my 75 gallon sump.

07/04/2012, 09:20 AM	#3
TjwBlake Registered Member Join Date: Apr 2011 Location: Kitchener, ON. Canada Posts: 404	Basically If it is on sale the taxes are based on the sale price If it is a discount, taxes are always added to the regular price THEN the discount is applied __________________ Current tank: JbJ Nanocube 28. 1 Falco Hawk, zoas, cabbage leather, trumpet coral, GSP, mushrooms, CUC Current Tank Info: JbJ Nanocube 28

07/04/2012, 09:35 AM	#6
TjwBlake Registered Member Join Date: Apr 2011 Location: Kitchener, ON. Canada Posts: 404	gotta love government __________________ Current tank: JbJ Nanocube 28. 1 Falco Hawk, zoas, cabbage leather, trumpet coral, GSP, mushrooms, CUC Current Tank Info: JbJ Nanocube 28

07/04/2012, 11:49 AM	#9
James77 Registered Member Join Date: Aug 2005 Location: Rhode Island Posts: 8,158	It sure is BS.....but the Petco is only following state tax laws. When I used to smoke and get the BOGO free packs, I still had to pay sales tax on the free pack. They think long and hard to be sure they get as much tax money as they possibly can __________________ Jim Current Tank Info: 120g Mixed Reef and 75g Freshwater Last edited by James77; 07/04/2012 at 11:59 AM.

07/04/2012, 02:32 PM	#12
reefermad619 Registered Member Join Date: Dec 2009 Location: The Salty D! Sandy let go of my eggo! Posts: 1,962	You should upgrade phones at Walmart. I did it for my chick phone and only paid tax on the money that exchanged hands. My iPhone was about 249 at the iPhone store. $199 plus tax on $649 or whatever the full price is. At walmart the total price for the exact same phone was $215. I asked why and they said they charge tax on $199 and not $649. I'm doing all my upgrades at Walmart from now on! __________________ Fish tanks and Chevys... And my cousin's Datsun too. Some call it paranoid. I call it prepared. You have more post than I do... You MUST be right then!

07/04/2012, 09:09 AM	#2
TheAquatect I Could Stop If I Wanted Join Date: Jan 2012 Location: Wesley Chapel, Fl Posts: 518	I think if you get into the details of it, the discount is not a sale price but an instant rebate of sorts so the tax is based in the true price. Petco only collects the tax and it cannot use that as revenue.

07/04/2012, 09:33 AM	#5
bhsgk awesome at life Join Date: Jun 2011 Location: Plant City Posts: 650	believe it or not most large retail stores get back around 1% of the total amount of taxes collected on the state's behalf that the store is in. now 1% does not sound like much but when a single walmart in a metro area does between 3-5 million a month in sales and collects 7% of that here in the state of florida then that 1% that they get back begins to sound like a lot. walmart does the same thing regarding collecting the tax on the original price versus the price after a coupon. go buy 1 item with a coupon and look at how much sales tax you pay.

07/04/2012, 09:53 AM	#7
Larz_1 Registered Member Join Date: Dec 2009 Location: Amarillo, TX Posts: 182	Not a my PetCo. I bought a 40b on 6/28/12 ... still have the receipt. Regular price = $114.99 P.A.L.S. discount = -$74.99 Taxable total = $40.00 TX Tax 8.25% = $3.30 Total due $43.30 Tax on $114.99 would have been $9.49.

07/04/2012, 10:24 AM	#8
moondoggy4 Registered Member Join Date: Jan 2007 Location: menifee So cal Posts: 11,042	There is a another big thread about this, California charges the extra tax and some states do not. What ever the law is is what they charge I believe it is the same with cars but sure on that one.

07/04/2012, 12:29 PM	#10
thor109 Registered Member. Join Date: Jun 2011 Location: Plainfield, Indiana Posts: 822	I'm sure glad my state puts that box on my state tax form so I can pay them for all craigslist and online purchases. It's so easy if you just keep track of it all. I love paying taxes, especially when I see all the hard working state employees. They way I see it is I would never pay 114.99. It's like if you are trying to sell your house for 250,000 and you agree to pay your realtor 6%. Do you still pay them 15,000 if you end up selling for 225,000? No you pay based on the money that changes hands. I know it's the law I'm not arguing that. I just think its wrong. Petco chooses to make it a rebate and not a sale price. Most likely because they get to keep s portion of the tax

07/04/2012, 01:39 PM	#11
mcdonaldtj Registered Member Join Date: Jan 2005 Location: San Diego Ca Posts: 153	All of the Cell hone companies do the same thing for instance if you bought an Iphone for 249 plus the 2 year plan you are paying taxes on 649.00. This is what an Iphone would cost if you bought it without the plan.

07/04/2012, 02:42 PM	#13
moondoggy4 Registered Member Join Date: Jan 2007 Location: menifee So cal Posts: 11,042	Funny both you guys are from San diego and where both charged differently for the tax.

07/04/2012, 02:46 PM	#14
windowlicker916 Registered Member Join Date: Oct 2010 Location: Citrus Heights, Ca Posts: 938	I think the line of thinking behind this is to prevent tax fraud. For instance, if I was a Lawyer and you were a Carpenter and we exchanged services, I helped you with your divorce and you made me new cabinets, taxes are owed on the market price of the services provided. Granted no one really does this

07/04/2012, 02:47 PM	#15
reefermad619 Registered Member Join Date: Dec 2009 Location: The Salty D! Sandy let go of my eggo! Posts: 1,962	I think mcdonaldjt is talking about ALL cellphones stores. I bought my iPhone from apple because no one else had em at the time. But once they weren't so popular, my chick wanted one and we got hers at Walmart. And from now on I will ONLY get my phones at Walmart. F paying tax on full retail price. __________________ Fish tanks and Chevys... And my cousin's Datsun too. Some call it paranoid. I call it prepared. You have more post than I do... You MUST be right then!