Prediction: Online retailers are going to make out like bandits this year. Brick and mortar stores will get the shaft from consumers who don’t want to stand in endless lines or pay for the store’s fancy decorations and fake holiday cheer.
Further prediction: More states will start pushing for sales tax on items bought over the internet.
I work for an online retail company, specifically in the online marketing department. Our business has never been better and we deal with products the home buyer would use for DIY projects. We, like others, charge sales tax to those within our state, however, I’m always amazed at the volume of business generated from our state. If it were me, I’d probably buy from a company selling a similar product outside the state, to avoid the sales tax. But it doesn’t seem to stop people from purchasing our products within the state.
I, personally, have already bought my Christmas presents...you guessed it, online.
“Further prediction: More states will start pushing for sales tax on items bought over the internet.”
You don’t need to be Karnak to see this, and every other possible tax coming from a mile away.