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Death and taxes (was:New to list)



At 06:32 PM 2/22/00 EST, Ann Bonne wrote:
>Hi Robert,
>I'm a bit naive about the American tax systems.  Do you pay value added tax 
>on everything you buy, or nowt at all?  What percentage of your income do
you 
>pay to central government, and do you pay local taxes/rates as well?  Ann, 
>Kent, Britain. 

Can't comment on the US as I'm an ex-Brit Canadian living in Beautiful
British Columbia, Canada. All I can tell you is that a Sprint ST sells for
$13,899 dealer list in Canadian dollars (about $9,600US or about £5,800) plus:

federal tax (VAT/GST)	@ 7%
provincial tax (BC)	@ 7%
PDI & freight		about $200

Total - about $16,000 Cdn / $11,000 US / £6,700. 

Unlike the UK, US and Canadian prices are always shown *before* tax. That's
because sales tax varies from state to state in the US, and from province
to province in Canada. 

Oregon, USA and Alberta, Canada (to name two) have no state/provincial
sales tax, though Albertans still have to pay 7% federal sales tax.

HTH,


Robert Smith - Freelance Writer
Vancouver, BC
www.smith.bc.ca

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