Posted on 04/20/2009 8:56:03 AM PDT by wrrock
Government is political and government meddling always increases uncertainty. What economic effects does uncertainty have?
Really, the brick and mortars have a taxation without representation problem that should have been address by not taxing businesses at all, but statist/populists cannot get their way without resorting to tricks.
Ironically, the taxless sales on the Internet protect brick and mortars - by limiting government revenues.
If we can keep the Internet tax free the next step will be to pare down the Levianthans on locality at a time.
There is little need for fire/paramedic protection, santitation, water, schools, etc. to be paid out of government collected taxes.
The pain is worth it - you capitalist pig! ;-]
you mean the same way people do it now?
This should pretty much kill all internet sales. As it was, the cost of an internet purchase without tax but after shipping was virtually the same as the price of buying it a brick & mortar store and paying tax. The cost of shipping plus tax will now make sure that all internet sales dry up. Another anti-business stranglehold brought to you by the socialists and the Democratic Congress.
If they do this, it will be the end of Internet commerce.
Nah, when they clamp down on that one remaining venue.
Same here. When I lost my job awhile back, I started selling stuff online, using it as an online garage sale. Also sold stuff for other people for a small percentage of the selling price. It’s work, but I enjoy it. It frees up my time to help out my kids with babysitting and looking after my elderly father. I’ll stop doing it if this tax thing goes thru.
I agree that it will seriously impact internet sales. The shipping costs make up for no taxes. When that is gone, people will be less likely to see an advantage to buying online.
Taxes that will fall heaviest on the poor and middle class in my opinion.
This was only a matter of time.
Jerks.
Again, it is not a loophole. It is the law!
Ah... The law of unintended consequences which the Dems fall into everytime. One thing for certain is Fedex and UPS are history. I wonder how the Teamsters will feel?
Good point about Fed Ex and UPS!
Another Industry to be Killed by Democrats in Power. Online Sales.
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