Results 1 to 2 of 2

Thread: Democratic senator wants Internet sales taxes

  1. #1
    Franc Tireur is offline Senior Net Builder
    Join Date
    Dec 2009
    Posts
    2,119
    Thanks
    289
    Thanked 148 Times in 118 Posts

    Democratic senator wants Internet sales taxes

    A Democratic senator is preparing to introduce legislation that aims to end the golden era of tax-free Internet shopping.
    The proposal--expected to be made public soon after Tax Day--would rewrite the ground rules for Internet and mail order sales by eliminating the ability of Americans to shop at Web sites like Amazon.com and Overstock.com without paying state sales taxes.

    Dick Durbin of Illinois, the second most senior Senate Democrat, will introduce the bill after the Easter recess, a Democratic aide told CNET.
    "Why should out-of-state companies that sell their products online have an unfair advantage over Main Street bricks-and-mortar businesses?" Durbin said in a speech in Collinsville, Ill., in February. "Out-of-state companies that aren't paying their fair share of taxes are sticking Illinois residents and businesses with the tab."
    At the moment, Americans who shop over the Internet from out-of-state vendors aren't always required to pay sales taxes at the time of purchase. Californians buying books from Amazon.com or cameras from Manhattan's B&H Photo, for example, won't pay the sales taxes at checkout time that they would if shopping at a local mall--which is what Durbin means by giving online retailers an "unfair advantage."
    On the other hand, there are some 7,500 different taxing jurisdictions in the United States, each with a set of very precise rules describing what can and can't be taxed and at what rate. That makes it challenging terrain for retailers to navigate.

    Read more: Democratic senator wants Internet sales taxes | Privacy Inc. - CNET News

    Just a great way to kill more businesses...
    Those who can make you believe absurdities can make you commit atrocities.

    Voltaire


  2. #2
    memenode's Avatar
    memenode is offline Net Builder
    Join Date
    Jul 2009
    Posts
    490
    Blog Entries
    2
    Thanks
    176
    Thanked 152 Times in 116 Posts
    Quote Originally Posted by Natural Elements View Post

    Just a great way to kill more businesses...
    ..and increase prices.

    Great for economic recovery NOT.

Similar Threads

  1. Can a truly democratic society truly work?
    By Mike Dammann in forum Politics and Religion
    Replies: 14
    Last Post: 7 June, 2010, 23:57 PM
  2. Replies: 0
    Last Post: 18 February, 2010, 04:43 AM
  3. [Rule] VCC Sales
    By Will.Spencer in forum Announcements and Suggestions
    Replies: 0
    Last Post: 29 August, 2009, 16:56 PM
  4. Paying Taxes on Adsense, etc
    By gavenecko in forum Business
    Replies: 10
    Last Post: 17 June, 2009, 04:45 AM
  5. Replies: 1
    Last Post: 9 June, 2009, 01:52 AM

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •