This is a fixed rate (proportional) tax, not a regressive tax.
The total tax is $11.95 and the total price with tax is $250.95.
$650
$300 + 5% * ($15,000 - $8,000) $300 + .05 * $7,000 $300 + 5 * $70 $300 + $350 $650
$650 for the week base + 5% of sales over 8k 300 + .05 (15,000-8,000) 300 + .05 (7,000) 300 + 350 = $650
5 percent sales tax for 19.74 is 0.99
39.95 plus 5 percent sales tax = 41.95
150,000 plus 5 percent sales tax = 157,500.00
39.50 + 5% sales tax = 41.475 = 41.48
$2.54
35.99 + 5% tax = 37.79
5% = 5/100 5*150000/100 = $7500
$1,575.00
0.49
7.01
75
7500