March 21, 2008
How Much Sales Tax Does the Easter Bunny Pay?
| Easter Bunny's Iowa Sales Tax Bill for One Easter Basket | |||||
| Item and Amount | Price (a) | Price per Basket | City Where Purchased | Tax Rate (State Rate of 5% Plus Local Rate) | Tax per |
| Basket | $1.99 | $1.99 | West | 7% | $0.14 |
| Easter grass, 1/2 package | 2 packs for $3.00 | $0.75 | Farnhamville | 5.5% | $0.04 |
| 4 plastic eggs | $5 for 24 eggs | $0.84 | Moorland | 6% | $0.05 |
| Jelly beans to fill plastic eggs, 1/4 package | $2.00 per package | $0.50 | Yarmouth | 7% | $0.04 |
| Hershey's Whoppers Mini Robin's Eggs malted milk balls | 2 packs for $3.00 | $0.50 | Kingston | 7% | exempt |
| Chocolate rabbit | $2.50 | $2.50 | Adair | 6% | $0.15 |
| 3 dyed eggs | 2 dozen for $3.00 | $0.38 | Sperry | 7% | exempt (food) |
| Total |
| $7.46 |
|
| $0.42 |
(a) Prices were found at ShopLocal.com.