Skip to main content

View Diary: Online sales tax loophole to get final Senate vote, face House Republican delays (142 comments)

Comment Preferences

  •  I have experience with this (0+ / 0-)

    Amazon is extremely aggressive with their pricing on books.  The intention is to drive down the margins for smaller book sellers who have the fight in them to compete with Amazon.  This effects retail sales and wholesale sales.  It's felt through the whole supply chain which is larger than the stores themselves, which are just end points anyway.  

    Of course, Amazon does it because they want to control as much of supply chain as possible, and that is certainly their right to try.  Where we differ is you see this as a good thing providing good jobs.  I don't agree, but I don't have time right now to research this and make my points with anyone other than anecdote.

    Lastly, all online business already charge sales tax on items sold in their state. What this bill does is just expand enforcement of taxes that are currently not collected because the customer lives in a different state.  It's basically empowering states that do not have an existing relationship with a business to demand they collect tax on orders shipped in their jurisdiction.  

    My gripe with it is twofold 1) I don't feel most small businesses are well equipped to deal with the increasing bureaucratic demands that his legislation places on them.  2) I don't think States should be looking to increasing sales tax revenues to balance their books, and choosing to add additional enforcement mechanisms to collect these taxes when they won't consider increasing marginal sales taxes on wealth.    I believe this tax is another means to pull money upward from the poor and middle class while letting the wealthy off the hook.

    We have the elite, smart people on our side.

    by fearisthemindkiller on Mon May 06, 2013 at 03:10:42 PM PDT

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site