I didn't have a budget or anything so I found it mildly interesting that it turned out an even number.
this post was submitted on 23 Feb 2024
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Mildly Interesting
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This is for strictly mildly interesting material. If it's too interesting, it doesn't belong. If it's not interesting, it doesn't belong.
This is obviously an objective criteria, so the mods are always right. Or maybe mildly right? Ahh.. what do we know?
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Where do you live that there's no tax?
Arizona, Groceries aren't taxed here.
Got it. I thought this was a restaurant receipt for Panera, but groceries makes more sense not to tax.
Groceries aren't taxed? Wow
Only 13 states tax groceries.
Arizona
I don't know where OP is, but here in Massachusetts, we have no sales tax on groceries:
https://www.salestaxhandbook.com/massachusetts/sales-tax-exemptions
Got it. I thought this was a restaurant receipt for Panera, but groceries makes more sense not to tax.
No they don’t!
This creates a need for the law to distinguish between grocery stores and restaurants, leading to artificial barriers to innovation within the marketplace.
Laws should be simple, and create a level landscape on which people can make design choices motivated by utility, instead of adherence to the unnatural incentive landscape of a highly-varied legal system.
It only takes O(1) effort to adapt one’s brain to nature, and to the set of societal arrangements that naturally arise within nature. It takes O(N) effort to adapt one’s brain to new sets of rules that change the incentive landscape, where N is the number of times the rules change.
NE has the same no-grocery tax rule. A handful of states have no sales tax in general (I believe SD and either NH or VT for example) and many, if not all, won't tax groceries purchased with whatever food stamps are called in the respective state
No sales tax in Oregon, but income taxes are rough. My friend moved across the river to Vancouver, WA and makes ~$50k more a year from tax savings.
Sounds like your friend is very wealthy.
Seems like he's doing pretty well, yeah. He spends most of his money on rental properties though and I don't think he has tenants at all of them.