View Single Post
Old October 16th, 2008, 12:29 PM
carnalnclynatns's Avatar
Status: Online
Hookah Master
Join Date: Sep 2008
Location: Maryland
Posts: 4,639
Send a message via Yahoo to carnalnclynatns
Default Re: aweome local shop!

The cash register receipt only shows sales tax. many states have an additional OTP (other tobacco tax) that is built into the retail price you pay for the tobacco. If he is retailing a 250 g tub for 14.99, there is something bizarre going on. IL has an 18% OTP tax, sooooo .....he's selling below cost if he's reporting the invoice to his states Comptroller for the appropriate taxation.

Friggin Eric Hofmann
Reply With Quote