Skip to comments.Get Ready To Be Taxed on Internet Purchases
Posted on 04/23/2013 1:54:01 PM PDT by Jean S
Proposed Internet sales-tax legislation received a huge boost on Monday when the White House officially backed the bill, saying it would level the playing field among online and retail stores by ensuring that both pay sales taxes.
Today, while local small-business retailers follow the law and collect sales taxes from customers who make purchases in their stores, many big-business online and catalogue retailers do not collect the same taxes, White House press secretary Jay Carney. This puts local, neighborhood-based small businesses at a disadvantage to big, out-of-state, online companies.
Now, the Senate is scheduled to debate the Internet sales-tax legislation for the remainder of the week, and the bill is largely expected to pass (a similar, nonbinding amendment was approved weeks ago, 75-24).
The so-called Marketplace Fairness Act would allow a state to collect sales tax on Internet purchases made by its residents, even if the Internet company has its headquarters in a different state. It would exempt online companies with sales of less than $1 million a year from collecting or paying the sales taxes, and it would add roughly $10.1 billion a year to local government coffers, according to the Congressional Research Service, at a time when most states are looking for any and all fiscal fixes.
But, the essence of the fight really pits industry against industry.
(Excerpt) Read more at news.yahoo.com ...
Because nothing spells “Economic Recovery” like “Tax Increase.”
This is such BS. Many of my Amazon purchases are supplied by small businesses.
Never miss an opportunity to increase taxes. I’ll bet my RINOs are in the yea column.
They’ve been waiting to do this for a long time. THe one part of the economy doing well, and you can’t have the economic collapse/crisis you’ve been wet dreaming about for so long, with sections of it working well.
I thought it was unconstitutional to have interstate taxation?
Article 1 Section 9:
“No tax or duty shall be laid on articles exported from any state.”
obama said he would never tax the middle class.
this will tax the middle class.
Hey, Leftist Bay Area Internet E-Commerce Entrepreneurs.....the JOKE’S ON YOU!!!!
Note that "leveling the playing field" always seems to be achieved by adding weights to the fast runner.
Marketplace Fairness Act , sounds like it was created by a Democrat
Fine. Then we should just refuse to purchase online for six months or so. Guess who’ll be demanding the taxes be done away with then.
“I thought it was unconstitutional to have interstate taxation?”
Tenth Amendment: A state has the inherent and reserved right to regulate its domestic commerce. However, that right must be exercised in a manner that does not interfere with, or place a burden on, interstate commerce, or else Congress may regulate that area of domestic commerce in order to protect interstate commerce from the unreasonable burden.
In other words, the Several States have no rights. They are an anachronism.
That’s my plan!
The wife and I have not purchased from Amazon since they nuckled under to Texas on sales taxes. And since that time alot of others have too because Amazon has not made their sales estimates with Wall Street for the last two quarters.
Weasel socialists have ways around everything.
The very fist sentence is wrong. Businesses do not “pay” sales tax. They are forced by law to collect it on behalf of the state. This bill give states permission to force businesses across the nation to collect tax for them.
You’ve always been bound by law to pay a sales or use tax on everything you buy. There’s just no method of enforcement for out of state purchases so folks rarely comply. (I certainly don’t...)
Pay no attention to the man behind the curtain (raising your taxes on the Internet).
For a nominal fee, of course...
In National Bellas Hess v. Department of Revenue, 386 U.S. 753, 87 S.Ct. 1389 (1967), the Supreme Court ruled that a mail order reseller was not required to collect sales tax unless it had some physical contact with the state.