Friday, August 03, 2007

State of Ohio

Not to be outdone for bad governance, the state of Ohio had to add some BS to the mix.

For an education to the average Joe. Ohio businesses are required to collect Ohio and county sales tax on the sale of taxable goods and services.

As a reward for a business doing the state's job, the state allows the vendor to keep .9 percent of the tax collected. So if you were to collect $500.00 in sales tax for a month you get to keep $4.50 for your trouble.

Keep in mind that if you are late sending it in, it's a minimum $50.00 late fee. So, needless to say, most vendor's would be more than happy to let the state collect their own damn sales tax.

Well vendors recently received notice that the discount was going from .9 percent to a whopping .75%. So that same $500.00 in sales tax gets you a whopping $3.75. You can't get a welfare mom to run across the street for that kind of money. In addition, the state said they would no longer send out notices when the sales tax rate changes. You'll have to know when you ship to Athens county whether or not they have changed their sales tax rate.

Somehow, I don't think businesses in Juarez Mexico have to deal with this circus.

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