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Buy nowYes, you can do that...but not without buying a calculation add-on like FormCalc SST for QuickBooks, or CCRQInvoice. (Google to find their Web sites.)
The two products work differently, but I believe both would support having a Discount column so that the discount percentage can be different on each Item line if you wish. They should also let you do away with the need to have a subtotal line(s) for discounting blocks of Items.