Its just a matter of time before government installs an internet sales tax.
Watch all the sales/packaging jobs to move across the border when this happens.
Lawmakers need to make up their minds. Consumption tax or income tax. One or the other, but not both. The confiscation is just looney.
You can bet this is going to pass. It will have overwhelming support from merchants and chambers of commerce in every city in every state. We consumers will of course be the losers in this. Also watch for the Feds to try and tack on a percentage of every sale for themselves. They haven’t said anything about a Fed tax yet but these greedy sh*ts just can’t help themselves. It will come up. That is my prediction. I don’t know if the Fed tax will pass muster but the state tax on internet sales is gonna happen. If you have your eye on a big ticket item I’d get it before this POS bill passes.
There are a number of technical issues on the way of this as well. There are too many taxing jurisdictions. Here in PA the sales tax is 6%. But Allegheny County puts a piggyback 1% tax on making the total 7%. In some states the extra fractions of a percent are levied at an even more local, sub-atomic level. No online ordering system out there is capable of dealing with 10,000 localized sales tax rates.
Why not another tax? Not one of these taxes existed 100 years ago:
Accounts Receivable Tax
Building Permit Tax
CDL license Tax
Cigarette Tax
Corporate Income Tax
Dog License Tax
Excise Taxes
Federal Income Tax
Federal Unemployment Tax (FUTA)
Fishing License Tax
Food License Tax
Fuel Permit Tax
Gasoline Tax (currently 44.75 cents per gallon)
Gross Receipts Tax
Hunting License Tax
Inheritance Tax
Inventory Tax
IRS Interest Charges IRS Penalties (tax on top of tax)
Liquor Tax
Luxury Taxes
Marriage License Tax
Medicare Tax
Personal Property Tax
Property Tax
Real Estate Tax
Service Charge Tax
Social Security Tax
Road Usage Tax
Recreational Vehicle Tax
Sales Tax
School Tax
State Income Tax
State Unemployment Tax (SUTA)
Telephone Federal Excise Tax
Telephone Federal Universal Service Fee Tax
Telephone Federal, State and Local Surcharge Taxes
Telephone Minimum Usage Surcharge Tax
Telephone Recurring and Nonrecurring Charges Tax
Telephone State and Local Tax
Telephone Usage Charge Tax
Utility Taxes
Vehicle License Registration Tax
Vehicle Sales Tax
Watercraft Registration Tax
Well Permit Tax
Workers Compensation Tax
If you tax something, you reduce it. I recommend that we tax unemployment or tax food stamp usage.