Saturday, August 1, 2009
that's times .0625, right?
August 1st marks the end of the 5% tax era in Massachusetts. All the amounts we say so automatically - that will be 1.05, 10.50, 36.75, 8.93 - must now be replaced by strange new numbers. The wonderful thing about 5% is that it's so easy to figure out - you just take 10% of the sale and divide it in half. No calculator required. Some of our younger, more calculator dependent employees did find doing it difficult - but it's really not, once you get the hang of it. And it always seemed to impress customers: "You're doing that in your head?" was a common comment. Why not just program the new tax into the cash register, one might ask. An embarrassing admission: our cash register, purchased for $50 from an antique store that was closing, doesn't "do" tax. We love it, but it's a very simple machine. So, calculators in hand, we are ready to chart the brave new world of 6.25%. That will be . . . 1.06, 10.63, 37.18, and 9.03.
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