And 99 Cents: Difference between revisions
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There's also a quirk (at least in Ontario, Canada's sales tax regulations) where prepared meals priced $4 or higher are hit with a 13% value added tax, but the $3.99 special (which buys increasingly little these days) is taxed at a lower rate. The provincial government has tried to revoke this tiny tax break a couple of times, only to meet strong pushback from fast food restaurateurs.
This thinking is often carried over to large-ticket items, like cars, at least in the US—nobody cares about a few cents when they're buying a car and the price will have to be haggled to something reasonable in any case, but the MSRP (Manufacturer's Suggested Retail Price) in dollars will end in 7 or 5 far more often than it will end in 0.
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