jmcmchi
Posts: 3212
Joined: 8/6/2013 Status: offline
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quote:
ORIGINAL: BobMilton quote:
ORIGINAL: Eddie quote:
ORIGINAL: Old Doug Makes total sense to me. A Costco employee told me they don't mark anything up more than 15% - fairly profound thing, right there. I doubt that holds true in KY; prices for some wines at Costco here are 30% higher (or more) than I see for the same wines offered for sale in coastal states. Sometimes they have bargains, though. Locally, prices at Total Wine are often better than at Costco, when both offer the same wine (and I wouldn't call Total Wine a "discount retailer".) My local Costco is about 10% cheaper than Total Wine when they have they same wine. And my Costco has been known to carry Screaming Eagle, Petrus, d"yquem and a few other jewels (even a very old Johnny Wlaker priced at a nickel below 20grand - and they sold it!). Of course I don't but those (being retired definitely makes it impossible). Strange to see those differences. Excise duties can't account for them as the following won't make a 30% difference on the price of a bottle "Kentucky has the highest wine excise tax rate at $3.17 per gallon, followed by Alaska ($2.50), Florida ($2.25), Iowa ($1.75), and New Mexico and Alabama (tied at $1.70). The five states with the lowest wine excise rates are California ($0.20), Texas ($0.20), Wisconsin ($0.25), Kansas ($0.30), and New York ($0.30)" (source; taxfoundation.org) That said, I have found inconsistencies in Costco pricing across states; most wines in Hawaii seem slightly more expensive than on the W coast, but I have found a few (e.g. Tignanello) that were cheaper
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