Skip to comments.Gov. Malloy Proposes Measure To 'Tax' Coupons (tax original, not sale price)
Posted on 02/27/2011 4:19:29 PM PST by matt04
HARTFORD, Conn. -- Devotees of coupons and discounts are angry at Gov. Dannel P. Malloy's proposal to slap a new sales tax on the original price of a good or service rather than the discounted price.
Ending the sales tax exemptions for coupons, discounts and automobile trade-ins are among tax exemptions Malloy has proposed ending to help close the state's projected $3.5 billion deficit. For example, the tax would be imposed on the $30 price of a blouse, not the $15 sales price.
... Like many avid couponers, Juliano pays little or nothing for items after matching coupons with sales. For example, she recently used a $3 coupon to buy a bottle of Gain fabric softener that was on sale for $2.99 at Rite Aid.
"Under his proposal, I would have to pay tax on that, which is not right because I didn't pay for the item," said Juliano, who runs classes on couponing. "Everybody who does this, it's not like they're rich. They're doing this to survive."
(Excerpt) Read more at wfsb.com ...
They will think of anything to make a buck off the taxpayer.
They tried this at my car dealer here in Texas the last time I bought a new one. Big rebate, but they tried to tax the car before the rebate. I had evidence all over the place that they were wrong. So I was ready to walk, and then they owned up...but they pushed and pushed right until the end.
“They’re doing this to survive.”
Not in America they aren’t. America has 250lb bums.
I’ll accept “They’re doing this to live.”, but no further...
The dems are getting creative in their raping the ordinary folk. But this is, after all, CT.. they wanted this guy, so I just can`t seem to muster up any sympathy.
The NUTmegger elected that NUT so they are getting what they deserve.
CT residents sure elected a real winner with this guy.
[For example, the tax would be imposed on the $30 price of a blouse, not the $15 sales price. ]
Insanity. Next, they will pass a law requiring retailers to start out with a 5,000% markup on the original price.
Sounds like a recipe for confusion and a real interesting time for the auditors and tax collectors that will be trying to enforce this equitably.
I’m not thinking about the $3 bottle of detergent cited in the article, but more expensive items like used cars in which the prices are a lot more flexible, how do you verify what the “original” price of the 2008 Lexus that was sold and whose price changed several times before the final sale of it.
Sounds like a accounting mess, and something that is likely to change sales practices in the vehicle, appliance, airline tickets and other higher ticket items.
Democrats are heartless. Clipping coupons is the only entertainment some poor folks get. Democrat Scrooges want to tax away their fun.
Slippery Slope Alert
Then they should also tax ANY retail item on sale at the “pre” sale price. That’s all a coupon is. A sale price.
According to this logic, grocery chains’ house brand products should be taxed at the price of the more costly brand names not purchased.
Looked him up.
Is anyone surprised?
“Democrats are heartless. Clipping coupons is the only entertainment some poor folks get. Democrat Scrooges want to tax away their fun.”
A Democrat never met a tax they didn’t like.
I think the pre-sale price, not just coupons are also include in this plan.
That’s taxing the imputed value of an item, instead of the actual price. Pretty outrageous, even for Democrats. Will the Rats who control that legislature pass it? That will do wonders for their claims to be for the little guy.
Sure it is, and that's the beauty of it. The tax is collected at the point of sale, by the merchant, so it's (nearly) pure profit, cheap to implement on the gov't side. Any "confusion" on how much tax is owed will be settled by fining the merchant for the amount they fail to "collect".
Eventually the State just needs to determine the “correct” price for each and every item. A store can sell for any price they wish (whether everyday low prices, sale prices, or coupons), but will have to collect tax on the state-determined “suggested retail price.”
Politicans like this are just plain evil....they deserve nothing, make nothing and figure they own everyone’s money..
If the State can do this to people, they can do anything they want. If they can somehow implement this, I think we would see quite a few large purchases being done in other states. If they want to kill their economy, this is a good way to do it.
This is essentially the government deciding what a product is worth, then taxing you on that "value".
And what would be the pre sale price? Last week? Yesterday?
This is plain and simple a plan to tax any sale at any value they feel like using. It is "Looking Glass Land" taxation...administered by the Red Queen.
This would justify a Tea Party more closely resembling the original. Nay, it would DEMAND one.
I live in this state, where everyone talks 'RED', but votes 'BLUE' based on the big lie...'Democrats are for the little guy'.
Regularly sells for $10,000 today only $20,000. Save $2,000 by paying zero taxes!!!!
It was only offered for $10,000 for one minute when the cars arrived at the lot. Everyone has to understand the concept for it to work, though.
‘Tis crud like this that makes me reconsider the merits of a barter system.
Ask around and see who voted for these morons. I guarantee that “now” everyone in the state will deny voting for them!
In the end, war will ensure, someday, when the fat, non-producers shoveling money into their overstuffed checking accounts dries up, they will fight for the money they never earned.
Pensioners, unfortunately, could be the first hit.
Very interesting. I think it works the other way around here in New Jersey. If an item is “discounted,” then the sales tax is paid on the discounted price. If there is a “rebate” involved, then the tax is computed on the original price even if the rebate is applied right on the spot (as opposed to mailing in a form to get it back later). This is an important consideration in car purchases. If the sticker price is $25,000 and you negotiate it down to $22,500 . . . and the manufacturer is offering a $1,500 rebate on top of all that to bring the price down to $21,000, then you pay the sales tax based on the $22,500 price.