Senate Bill jeopardizes tax-free internet shopping

  • Bigwebmaster
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Post 3+ Months Ago

http://news.yahoo.com/tax-free-internet ... 59401.html

http://news.yahoo.com/tax-free-internet ... 59401.html

http://www.bizjournals.com/bizjournals/ ... rough.html

Senators have already advanced the bill with a 74-20 procedural vote Monday and final passage is expected later this week. Brick-and-mortar stores say the legislation is needed because it gives online retailers an unfair advantage, and states are hungry for the additional revenue.

The interesting part is that the constitution makes it clear that the house should be creating these sort of bills, not the senate. Article 1, Section 7, Clause 1 of the constitution says:

Quote:
All Bills for raising Revenue shall originate in the House of Representatives


I really think this will hurt small business. It will make everything more expensive not just due to the additional tax, but the additional costs for changing software, accounting, and sending each state their required dues.

I wish our government could actually do something productive other than finding new ways to tax the middle class.
  • Anonymous
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Post 3+ Months Ago

  • SB
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Post 3+ Months Ago

Bigwebmaster wrote:
I really think this will hurt small business. It will make everything more expensive not just due to the additional tax, but the additional costs for changing software, accounting, and sending each state their required dues.


It does seem as though this is designed to weaken the poorer and strengthen the richer. I'm sure it's the same in America, but alot of brick and mortar retail stores have an online base as well many of which are relying on the online trade to boost the physical presence too.

Bigwebmaster wrote:
I wish our government could actually do something productive other than finding new ways to tax the middle class.


I completely agree. It is just as bad, if not worse, here. It's leaving me with little choice in voting "Yes" next year.
  • TheMachine
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Post 3+ Months Ago

Time and again we've seen that if governments over-tax the rich, they flee to other countries.

It's currently happening in France. All the rich are fleeing to the UK for better tax relief.

You'd think governments would have learned by now.
  • demonmaestro
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Post 3+ Months Ago

TheMachine wrote:
Time and again we've seen that if governments over-tax the rich, they flee to other countries.

It's currently happening in France. All the rich are fleeing to the UK for better tax relief.

You'd think governments would have learned by now.



They have. Tax the hell out of the poor. its sad :(
  • Zealous
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Post 3+ Months Ago

like the internet is really going to stand for this, screw paying internet tax. But it was the same as US was going to tax internet porn being the billion dollar industry that it is, not sure if that has happened but not surprised. if the USA government did not waste money ssoo much it mite be able to pay their bills.

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