Kids pay taxes, so why shouldn't you?
Whether or not kids have to file their tax returns, they inadvertently
pay taxes. Items like candy bars and other sweets are subject to sales tax, which depend
on where the children buy the items. In Minneapolis,
the sales tax is at 7.775 percent, derived by combining the tax rates of the
state (Minnesota), county (Hennepin County),
and city (Minneapolis).
Minnesota Revenue explains what qualifies as taxable candy, which can
be made out of any ingredient except flour. Candy bars─ usually containing pure chocolate,
nuts, or a mix of the two─ are subject to sales tax. So when a kid buys a Snickers at his local
convenience store, the price tag may already include the sales tax.
In fact, it doesn't matter whether you're 13 or 30 years old. Virtually
everything you buy from the local Wal-Mart or Costco is taxable, meaning you're
paying taxes whether you like it or not. Your filing with the IRS is no
different. One way or another, the local and federal government have to look
for other avenues of revenue.
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