Amazon seeking federal standard for sales tax collection by states.
Speaking at a House Judiciary Committee hearing, Amazon.com's vice president for global public policy called on lawmakers to give a federal answer to the questions surrounding the collection of sales taxes by individual states from online retailers.
Paul Misener said exemptions to the tax should be kept "very low" ... [ read the full article ]
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collecting tax from online retailers seems to come closer to reality, lets think about the their(government)are missing, they are not thinking that this is money people keep in they pockets. No need to redistribution...
I can personally say i have better experience shopping online than physical store...
I know i'll need to get out of the house someday :P
Those damned senators in office only want the sales tax so they can keep in their pockets, not to benefit to the taxpayers. Time and history has already proven their track record, so why trust them now? I know I don't.
1) Amazon's duplicity in stumping for a sales tax, is purely to put their smaller online competitors out of business. A giant like Amazon can do the collecting, reporting, and remitting for pennies per sale compared to mom-and-pop vendors who will have to spend huge to comply with the complex, heavily regulated process.
2) Amazon will have a near monopoly just a few years after such a tax is instituted, and their history of bullying the markets will turn into a sledgehammer on consumers with few options.
3) It has always been a blatant lie that online sales have hurt brick-and-mortar stores. Walmart, Barnes and Noble, and hundreds of other retailers, successfully out-compete online sellers easily.
4) It is also a lie that this will not be a new tax. Obviously if the government is collecting more money from us....uhh, we must be paying more taxes!
5) This unwise new tax will badly unbalance a mareketplace that is currently in status-quo, and will result in massive price hikes.
LEAVE IT ALONE!
