Ah, morning. A time to pick up a fresh bagel with cream cheese – and your first tax of the day.
New York, a leader in wacky taxes, said it plans to enforce a weird tax law that requires delis and other vendors to impose an extra tax on sliced bagels or bagels consumed in stores. (If you buy a whole bagel and slice it at home, it doesn’t count.)
Apparently, that’s because a sliced bagel is considered a “prepared food,” and therefore subject to an 8.875-percent tax.
You know they heard that collective “Fughedaboudit!” all the way up in Albany.