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Political Factoid
Let the consumer beware
| Menu price |
$9.29 |
|
| Sales tax |
$0.93 |
10% of purchase price |
| Subtotal |
$10.22 |
|
| Tip* |
$2.04 |
20% on after-tax amount |
| Total |
$12.26 |
32% over menu price
charged to payment card |
| Payment card fees |
-tbd- |
but that's another story |
| * |
Traditionally 15-20% of pre-tax restaurant bill subtotal
but restaurants now have high-tech payment terminals that use
post-tax amount when they calculate ("for your convenience")
tip amounts.
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-30-
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