A 64GB iPhone 5 at full retail is $849. Throw in taxes. That's not almost $1k?
After taxes it's more than $1k.
$850 + taxes = over $1000 ???? That would equate to a tax rate of 18% or more. Your math is a little off there. Tax rates in Missouri range from roughly 8 to 10%.
A SIM free/non-contract iPhone 5 64GB in the UK is £700 which equates to roughly $1,129.
£700 = $903.56 (right now)
https://www.google.com/search?q=700...s=org.mozilla:en-US:official&client=firefox-a