Gun shows and flea markets are the same,,,
Gun shows and flea markets are the same,,,
By law the seller is "supposed to" charge and report sales tax.
When my Pop and I were making driftwood furniture,,,
We sold at flea markets and craft fairs.
Most of them would supply us with a sales tax envelope,,,
We were supposed to fill it out and pay tax on our sales.
Rather than deal with adding sales tax to a price,,,
We simply had a sign that said,,,
Prices include sales tax.
If I sold a bench for $100.00 and the sales tax was 8.75%,,,
I recorded the sale as $91.95 and reported $8.05 tax.
People who shopped flea markets didn't like the extra tax amount,,,
They (like gun show customers) just want a total price quote.
To defer this when we went to a show,,,
Where the city enforced the collection of sales tax,,,
We just hiked our retail prices about 10% to cover our loss.
It's six of one and a half-dozen of the other,,,
But it kept our sales up and satisfied the tax man.
My LGS owner does this exact same thing,,,
His listed prices are all "out the door",,,
He breaks it down on the receipt.
A customer says, "Can you come down on that price a bit?",,,
His replay is, "That price includes sales tax."
Most of the time the customer is satisfied with that "discount",,,
It's a retail tactic that I've seen work in many venues.
Aarond
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