09-03-2017, 04:04 AM
always getting charged 4.167% till I found out there's a "tax" on the GET
GET is a tax levied on business for the "privilege" of operating in Hawaii; the other 49 states (or most of them, anyway) levy a sales tax on the consumer.
Business may pass retail GET through at point-of-sale, which means they then have to charge 4% on the 4% -- but this is not required; the business can simply pay 4% of their receipts and round prices up to compensate. (They could then make all prices divisible by $0.25 and stop counting pennies, making life easier for both customer and cashier.)
GET is a tax levied on business for the "privilege" of operating in Hawaii; the other 49 states (or most of them, anyway) levy a sales tax on the consumer.
Business may pass retail GET through at point-of-sale, which means they then have to charge 4% on the 4% -- but this is not required; the business can simply pay 4% of their receipts and round prices up to compensate. (They could then make all prices divisible by $0.25 and stop counting pennies, making life easier for both customer and cashier.)