They want to ring a sale like this:
New gun 547, plus tax to 588.00
Minus a trade of 300.00
Total out of pocket 288.00
They aren't giving me enough on the trade
And I think they are doing the tax wrong. They only pay tax on their profit.
It should be
547
Minus 300 trade in
247.00 plus tax =265.00 total
The are low balling me. I can't trade a gun that has 400 rounds through it for that little.
Am I right on the taxes? Any tax people out there? Another merchant told me this info so I really don't know.