Posted on 04/27/2012 8:17:05 AM PDT by davidbellow
Not long ago it was discovered that Amazon was operating a facility in Texas without paying sales tax. This of course was a problem because everyone else in Texas pays sales tax, including the small local bookstores. A little over a year later, Texas Comptroller Susan Combs has announced an agreement with Amazon that settles the tax dispute and will bring 2,500 new jobs to Texas and $200 million in capital investments. This is great news for the Texas economy. This is also great news for Amazon.com because Texas is very business friendly and Amazon will enjoy a great environment in which to do business. Texas has fared much better than other states in this economic downturn and many companies are moving to Texas to enjoy the business friendly environment.
Susan Combs and Amazon also went a step further by calling on Congress to make a more simplified and more equitable framework that protects states' rights.
Press Release from Texas Comptroller Susan Combs Regarding Amazon Agreement:
Go, Texas!
Go, Perry!
And just what the heck does that mean? Vapid gubermint speak about the right to tax you anywhere, anytime? Texas or not, I trust a politician very little.
And this is just a press release - are we the right wing of PR Newswire?
Amazon will start collecting sales tax July 1st..... oooooh.... yay........ The beginning of the end for Amazon. Sad. I loved Amazon.
Combs has to balance the books somehow to make up for Perry’s sleazy ag loans and jobs for money deals via ETF/TEF, not to mention the 1.2 M he still owes back to the citizens of Texas for his private DPS security detail expenses while on the campaign boondoggle.
Me too. Guess we'll be finding somewhere else to spend the bulk of our Christmas budget this year...
if we HAVE a Christmas budget after all the governments get through taking what they think is 'theirs'.
Court Tosses Out Unconstitutional Internet Tax in Illinois
A new online sales tax in Illinois was shot down in court as unconstitutional and running afoul of the Internet Tax Freedom Act.
http://atr.org/court-tosses-unconstitutional-internet-tax-illinois-a6865#ixzz1tGXUx4fh
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Amazon Tax Case Could Go to Supreme Court
http://www.accountingtoday.com/news/Amazon-Tax-Case-Could-Hit-Supreme-Court-54139-1.html
I buy a lot through Amazon. One of the benefits is that the parasite political class at the state level is denied $$ to waste. It is one of the reasons I shop at Amazon.
The day Amazon starts collecting tax is the day I shop around (ebay, others) to get what I need without the tax.
The political parasite class at the local, state and federal level is killing Capitalism. The parasites NEVER EVER have enough of our money. They do nothing to earn it.
Not sure how this works.
As far as I know, Texas has a “business tax” assessed on internet sales in state, however, for sales to locations outside the state there are no sales tax.
My Business is located in Ohio. I sell a deck of game cards to someone in Ohio over the Internet I must charge them Ohio Sales tax.
I sell an identical pack of cards to someone in Michigan and ship it to them I don't Charge them sales tax because I am not a licensed business in Michigan AND the Constitution says no fess or taxes well be levied by states on goods that were purchased in another state. However the State can charge its own Citizens a Sales tax on goods they bought out of state (which means I am not required to charge the out of state sales tax and then pay it to Michigan but the citizens of Michigan are required to pay it.)
Now if Amazon has Sales Operations in Texas then they are subject to collecting Taxes for all Amazon products that are Bought by Residents of Texas.
Thanks. Appreciate the info.
After a year or two, the company started charging sales tax and sent local taxes according to zip code. Just sayin'.
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