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Amazon to Pay Taxes Like the Rest of Us

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posted on Jan, 14 2009 @ 01:01 PM
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Amazon to Pay Taxes Like the Rest of Us


www.minyanville.com

Last year, New York Governor David Paterson signed a law that requires online retailers to collect state sales tax from New York residents if any New York-based website earns money from the Internet retailer through affiliated links.


some big retailers with local stores sold their products tax-free over the Internet by creating separate legal subsidiaries to handle Internet business. However, lawsuits by several states and pressure from the Streamlined Sales Tax Project (a group created by sta
(visit the link for the full news article)


Related News Links:
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www.findingdulcinea.com




posted on Jan, 14 2009 @ 01:01 PM
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If this internet Tax gets out of hand, I feel that the online stores also will be losing jobs. I now the bookstores will go bye bye.

There is a few states around the U.S. that don't have sales tax, Texas I believe is one of them. If your state does not have a state sales tax, consider yourself lucky.

Also, Those states that don't have a sales tax will have an influx of these business.

My Brother works at Amazon.com, stocking selfs. Its a good company to work for because he receives stock options, 401K, medical.

www.minyanville.com
(visit the link for the full news article)



posted on Jan, 14 2009 @ 01:05 PM
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reply to post by tiso_us
 


Texas does have sales tax, they do not have income tax.

Gotta love the way the headline is written in such a manner to make the average American say "Yeah! That'll show those corporate bastards that they have to pay their fair share!" when, in reality, it should read "Customers of Amazon must pay taxes on purchases". Talk about being a shill for the machine, whoever worded that headline is certainly a shill.



posted on Jan, 14 2009 @ 01:06 PM
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As with any business, Amazon won't pay the tax....The consumer will with increased costs from Amazon.



posted on Jan, 14 2009 @ 01:10 PM
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reply to post by burdman30ott6
 


Then I stand corrected, thanks.

I don't live in texas, let me see if I can bring that clipping up about the states that don't pay state sales tax.


OK...here it is

The five states that don't have a sales tax -- Alaska, Delaware, Montana, New Hampshire, and Oregon.

LINK



[edit on 14-1-2009 by tiso_us]



posted on Jan, 14 2009 @ 01:18 PM
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reply to post by burdman30ott6
 


That's the way with all taxes though. The media and liberal politicians present this in such a way that it garners the exact reaction you mentioned. "That'll teach those greedy corporations".

In reality though…it all comes back to the consumer.

Do you not think an oil company who's taxes skyrocket will pass that tax on to the consumer to minimize their losses? The same is said with any business. If government raises their taxes, they will raise their prices in order to maintain their margins.

It's simple economics that many on the left don't seem to understand.



posted on Jan, 14 2009 @ 01:20 PM
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reply to post by Pinktip
 


I'm pretty sure they will find a loophole somewhere.

Can you imagine all the online business that are in California...Woooo!



posted on Jan, 14 2009 @ 01:27 PM
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reply to post by burdman30ott6
 


Hi Burdman, you are exactly right when it comes to taxation of the consumer on the net. I have been saying the internet is the biggest untapped source of revenue from taxation.

My opinion only, I look for most states and the Federal government to impose a tax on all internet sales. These states and Federal Government are scrambling to get every dollar they can from any source because they are going bankrupt and in many cases are already there.

I look for Obama's administration to go after the internet right away to raise money thru taxation. This will hurt more then they can ever imagine.



posted on Jan, 14 2009 @ 01:36 PM
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reply to post by amari
 


The state of Washington, where I live, has an internet sales tax. The way it is handled is, any purchase made from an internet site which is either headquartered in WA state or has a retail store in WA state is taxed as if you had walked into the store and made the purchase. Purchases made from sites which don't have outlets here are not taxed.

I think the idea of a federal internet sales tax is scary as hell because it almost certainly will toss in a federal sales tax in general for purchases made in physical stores as well. I don't complain too much about sales tax in this state because we don't have a state income tax, but since I do already pay tax to the federal government on my earnings, I'd be highly offended at having to pay them a consumption tax on top of that.

(Not that any of this matters one iota, considering we're all paying taxes without representation any way... something which is highly unconstitutional.)



posted on Jan, 14 2009 @ 02:16 PM
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Originally posted by burdman30ott6
reply to post by amari
 


federal internet sales tax is scary



That would be scary.......I wander since they are taxing everything not nailed down, lets not stop.....tax Religion, prostitution, charities, even the drugs coming into this country.

If were going to do this lets get it right.



posted on Jan, 14 2009 @ 08:30 PM
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Why does anyone even bother with taxes? Seems that everything and anything has run through governments greedy hands so it can get it's hands on something to feel it up first. That just seems like the same old mafia racket that the net has started to break and now back from the past comes the throwbacks that claim they are making change to our world by running taxes up the internet flagpole.

Seems lately NY has had a litany of anti-technology and anti-freedom campaigns designed to take as much as possible from as many as possible. Why don't they just secede and join England since they seem to lust after being just like the socialists in England and leave the rest of us the hell alone.

First it was protecting the children from porn in newsgroups and now we have taxes for online business, it seems like they have a case of tyrannyitis and need to be put in the isolation box til they get over the illness, lest they infect the rest of us with their sickness. Maybe people should boycott business in NY for their governments overreach.

These taxes just go to pay for bigger police forces with bigger problems that they create through legislation for us to be vaccumed dry like the petty theives they appear as, yet claim a moral high ground and use morality and guilt trips to socially construct a police state. Please leave the union and join China or wait they are becoming more capitalist than your state ok, maybe your state would enjoy the company of North Korea as a model for you to emulate. Live free or die!

[edit on 14-1-2009 by bubbabuddha]



posted on Jan, 14 2009 @ 09:22 PM
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PA, where I live, has always had something called a "use tax" whereby any item you buy outside the state but consume within the state should have the tax sent to the capital (Harrisburg) montly by you.

Example - I drive to DE and buy a big-screen tv. I owe PA the 6% sales tax on that item (no sales tax in DE).

I buy a box of bolts online from eBay for $100 and pay $20 shipping. I owe 6% on (yes) - $120. They want tax on the shipping as well. I'd bet that 90% of citizens of PA somehow were "illegal" in this area over the last few years. I've bought a few hundred items on eBay - only paid sales tax on a few where the seller was in PA. Otherwise, I guess I owe $hundreds in Use Tax in the end. I just love that they want to tax your shipping cost.

Most states may have this already. It's a matter of impossible tracing of these from hundreds of thousands of online sellers. The only way to enforce it today is with a huge influx of auditors and other stuff.

eBay was fighting this - saying they'd implement state tax collection if every other internet seller did the same. Since there is no federal law to do this, it's up to the 45 states with sales tax to work the system to figure this out.

The point is the state-of-consumption is who wants to tax you. It's not the state that made the sale.



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