On 11/21/2015 12:28 PM, Percival P. Cassidy wrote:
There is a difference. If the eller puts an item on sale, he is doing
one of two things.
1. buying from the manufacturer at a sapecial low price and passing on
2. Buying at the same price and selling at a lower price, thus making
In the case of an instant rebate, it is just that. He buys the bulbs at
normal price. He sells them at regular price, pays sales tax at the
rate of the regular price. But with one difference. Behind the counter
is a guy from the power company kicking in 12 bucks. The seller makes
the same profit, the state gets the same sales tax, but the power
company pays some of the cost for you. My description is simplified,
but that is what makes instant rebate differ from a sale price.
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