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Afternoon Thread: Internet Tax? |
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Via Drudge we learn that New York state will begin taxing many internet purchases in about five weeks:
In the midst of a budget crisis, New York is now telling Amazon and certain other large Internet-only vendors they must collect state and local sales tax — if they allow sales via "click-throughs" from New York-based Web sites. The new rule is set to go into effect on June 1.
The state estimates this new Internet tax will bring in $50 million this year and $75 million next year.
The Retail Council Of New York State hopes the new rule is the first step toward collecting sales taxes on all Internet commerce.
But the new rulings aren't sitting well with the Internet giants. Amazon, the largest Internet retailer, is objecting to the decision, saying "this is the wrong time to increase taxes on New Yorkers."
"You will drive people away. People are not going to want to shop online anymore," says Cantin.
I'll be curious to see how this plays out, and what trends it sets. Not being an expert on business or taxes, I don't necessarily have a prediction, though it seems to me that if these measures succeed in New York we can expect them to spread.
What do you think?
More taxes? I'm sure that's exactly the platform all them NY congress fellars ran on. Especially them-thar' Republican ones.
Verenda Smith says you are all "bad" Americas
Posted on: April 28, 2008, 8:46 PM PDT
Story: Tax-free Internet shopping days could be numbered
"Verenda Smith, government affairs associate for the Federation of Tax Administrators, framed the decision as a moral one of sorts: "Do you want to be a good American, or do you want to be an American who wants to cheat your government deliberately? It's a harsh way to look at it, but it's true.""
Let the government bureaucracy and taxation lover know your thoughts about what type of "bad" Americas you are. We deserve to be taxed even more as we are ungrateful and are not worthy of our wonderful and protective and wise government.
Please contact Verenda Smith at 202-624-8443 or send email to verenda.smith@taxadmin.org.