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Why You Should Care About An Internet Sales Tax
#2
Posted 07 December 2011 - 12:14 PM
Any business selling over $1 million worth of goods a year isn't a small business any more. Having run a successful genuinely small business for 20 years, I'd be thrilled to sell $1 million a year and collect sales tax. For heavens sake, if you're not clearing at least $200,000 a year profit on $1 million in sales, you're doing something very wrong.
#3
Posted 07 December 2011 - 06:27 PM
I don't think anyone has thought this process all the way thru. An online retailer would have to get a sales tax permit from every state and what about any city sales taxes? I did not read anything in the article about non-profit groups that have online shopping carts. Is the sales tax going to be based on the sub-total or the sub-total and shipping charges? Are donations going to be considered online sales? And last but not least, who is going to monitor all the websites that have online sales? For every dollar that is made in online sales tax collection, a State will spend all of it and more with administrative costs and monitoring costs.
#4
Posted 13 December 2011 - 11:53 AM
The author ignores the fundamental principal, retailers pay tax because they use services such as fire,police,sewer, transit,etc
It's absurd as requiring a homeowner in California to pay your new jersey property taxes,
the reason for the physical presence is quite clear, you benefit from and use services, consumers are already required to pay a "use tax", can you imagine a town in new jersey's sales tax division calling up a business in texas saying oh by the way we increased a tax to pay for a new city pool, please send a check!
It's absurd as requiring a homeowner in California to pay your new jersey property taxes,
the reason for the physical presence is quite clear, you benefit from and use services, consumers are already required to pay a "use tax", can you imagine a town in new jersey's sales tax division calling up a business in texas saying oh by the way we increased a tax to pay for a new city pool, please send a check!
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