I am trying to understand what is going on here. How does this affect affiliates other than they tack onthe 2.9%?
Why would you move when I think it says all affiliates whether in state or out of state must collect from Colorado residents?
Just trying to understand.
http://www.freerepublic.com/focus/f-news/2467800/posts
Sorry my bad, did not think it was so difficult but now understand better. It’s a nightmare to manage.
I prefer sales tax to Income tax. Here in Washington State we have a sales tax but no income tax.
How do you think States should compensate lost sales tax revenue? Not saying they should cut services such as Fire. Police etc. but without getting into a spending debate, I an wondering how local government gets funded as e-commerce forces then to take a hit?
I am sick to death of so many taxes and absolutely hate the income tax with every fiber of my being, but I can live with a reasonable sales tax because it is transparent and gives me a choice to avoid or not.
So I am just pondering what states and locals will do if their sales tax revenue streams decline and there’s nothing they can do about it. Hike property taxes? Hike local brick and mortar business taxes?
I wish there was the FairTax at both federal and state levels. And no property tax, no income tax, no capital gains tax, no business tax etc. But this is an issue of cross border tax engineering and it’s important how to make it simple, reasonable, fair and transparent.
I would be in the same boat if Pennsylvania was ever stupid enough to do this. I'd have to rent a PO box in Delaware.