Monday, October 24, 2011

How much would the PS3 Slim cost me with tax?

I am going to buy a PS3 Slim 120gb system for $299. I need to know how much the total will come out to be with tax. I live in Chicago, Cook County.How much would the PS3 Slim cost me with tax?Your current sales tax in Cook County is 1.75%, which means you will pay $1.75 for every $100 spent. The $300 PS3 will have a sales tax of $1.75 x 3 = $5.25 sales tax, so the PS3 will cost $305.24 total (because technically the PS3 is $299.99, not $300).



Your sales tax goes to 1.25% effective July 1, 2010, so if you buy the PS3 after July 1, you will pay $1.50 less ($303.74).



Very cheap, if you ask me. My local sales tax is 8.25%, which means I would pay $24.75 tax on a $300 PS3. That's why I buy a lot of stuff online, because the tax becomes exempt (as long as the retailer is not located in my state).



And I think you are aware that taxes are based on city/county rates, not state rates (I assume this because you put your county, not just your state). City/county rates can be higher than state rates (such as my city of Houston).How much would the PS3 Slim cost me with tax?probably around 320$ but if i were you just to be on the safe side just call it $350How much would the PS3 Slim cost me with tax?it's simple math



since tax rates are different in every state you need to know how much tax is charged in your state



multiply that percentage by $299 and add the two numbers



example : tax is 10% - $299x .10 = $29.90

add those to get $228.90
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