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At its retail locations, Staples offers the HammerMill 8.5x11" Copy Plus Copy Paper 500-Sheet Ream for $6.99. (The following link is for reference only.) This $4.99 "Easy Rebate" (paid via a Visa prepaid card) and $2 off printable coupon cuts it to $0. That's tied with our mention from a week ago as the best deal we've seen for this paper. Sales tax is added where applicable. Deal ends September 1.
To find the Easy Rebate, click here and use the "Find Your Rebate" option to search for SKU "122408".