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Internet purchases soon to include sales tax
Wallet Pop ^ | Apr 20th 2009 | Tom Barlow

Posted on 04/22/2009 5:27:11 PM PDT by Comparative Advantage

If you're planning a major purchase via the Internet, you might want to do it quickly. Congress is expected to introduce a bill this week that would require Amazon.com, L.L. Bean, Cabela's and other online merchants to collect sales tax on all online purchases and return that money to the state in which the purchaser resides.

Online Sales Tax?Tony Avelar, AP12 photos Congress will soon introduce a bill requiring sales tax on all online purchases. To read the latest on credit card changes, click through our gallery.(Note: Please disable your pop-up blocker)

I was recently shopping for a TV for a relative, and found that I could save $70 by buying it online and having it shipped to her address. That savings was primarily in sales tax. And while my state requires taxpayers to claim all online purchases and pay the sales tax on them, it doesn't seem to be able to enforce the tax. This is good for bargain hunters, but terrible for local merchants.

For those used to buying $.99 iTunes or other more tangible items, this will be an immediate price hike. Californians, for example, will pay an extra 7.25%. We'll see when the bill is introduced it if also included local sales taxes, which can bump this up to 8% or more for many of us.

(Excerpt) Read more at walletpop.com ...


TOPICS: Business/Economy; Government; Miscellaneous; News/Current Events
KEYWORDS: bho44; bhotaxincrease; ecommerce; internettaxes
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Get ready to contact your congress critters to voice your opposition (or support, if that is preference).
1 posted on 04/22/2009 5:27:11 PM PDT by Comparative Advantage
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To: Comparative Advantage

but but 95% of the American people are getting $3.57 back this year


2 posted on 04/22/2009 5:28:34 PM PDT by Doogle (USAF.68-73..8th TFW Ubon Thailand..never store a threat you should have eliminated))
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To: Comparative Advantage

taxes + shipping will destroy the golden goose.


3 posted on 04/22/2009 5:28:36 PM PDT by ken21 (the only thing we have to fear is fdr deja vu.)
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To: Comparative Advantage

I haven’t seen one in a long time that didn’t include sales tax.


4 posted on 04/22/2009 5:30:08 PM PDT by freekitty (Give me back my conservative vote.)
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To: Comparative Advantage
Get ready to contact your congress critters to voice your opposition (or support, if that is preference).

My senator is ARLEN SPECTER, and never listens to me.

5 posted on 04/22/2009 5:30:27 PM PDT by Dr. Scarpetta
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To: ken21

This is ridiculous. Net shopping is like catalog shopping—the cost of shipping and handling is made up for by the lack of sales tax. But no seller can compete if the customer has to pay BOTH.

Are congressmen stupid? (Don’t answer that...)


6 posted on 04/22/2009 5:30:51 PM PDT by CondorFlight (I)
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To: Comparative Advantage

Thank goodness I make under $250,000 a year. None of my taxes will be raised... phew. /sarc/


7 posted on 04/22/2009 5:31:05 PM PDT by GlennBeck08
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To: freekitty

The Commonwealth of VA already requires a sale tax. Would this be a national sales tax?


8 posted on 04/22/2009 5:31:15 PM PDT by Perdogg (University of North Carolina - 2009 NCAA basketball champs)
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To: Comparative Advantage

I think it’s more than just a state sales tax. If your county and city has a sales tax you’ll pay that too.


9 posted on 04/22/2009 5:31:48 PM PDT by kempo (you are)
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To: Comparative Advantage

So what if the retailers relocate their offices and servers outside the US and tell the taxman to stuff it?


10 posted on 04/22/2009 5:31:49 PM PDT by coydog (Proud to have slept through the Obama coronation!)
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To: coydog

US Customs.


11 posted on 04/22/2009 5:33:33 PM PDT by DevNet (What's past is prologue)
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To: Comparative Advantage

Only point to buying online is the savings. If we can’t do that, then Wal-Mart it is


12 posted on 04/22/2009 5:36:38 PM PDT by prismsinc (A.K.A. "The Terminator"!)
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To: prismsinc

Unless Wal-Mart is forced to unionize...


13 posted on 04/22/2009 5:37:16 PM PDT by Comparative Advantage
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To: Comparative Advantage

I am NOT spending money on anything. I am on a sales tax revolt.


14 posted on 04/22/2009 5:38:23 PM PDT by television is just wrong (one bad ass mistake America!!!!!!!!!!!!!!!!!!)
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To: coydog
So what if the retailers relocate their offices and servers outside the US and tell the taxman to stuff it?

That might work for digital products but it won't work for tangible physical items that have to be warehoused and shipped. You going to move that outside the US?

This bill is basically providing the necessary authorization for the Streamlined Sales Tax Initiative that governors (mostly dems) have been pushing for the last 8 years or so.

It still stinks and people should contact their representatives now and try to stop the bill from passing.

15 posted on 04/22/2009 5:38:32 PM PDT by Valpal1 (Always be prepared to make that difference.)
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To: prismsinc
Only point to buying online is the savings.

No, one of my main reasons is the variety of stuff available that local stores don't carry, even in big cities. Wal-Mart has a very limited selection compared to the whole internet.

16 posted on 04/22/2009 5:39:45 PM PDT by Right Wing Assault ( Obama, you're off the island!)
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To: television is just wrong

Craiglist and other private sales. Also it is amazing to find out you really can live on less. Like back in college?


17 posted on 04/22/2009 5:40:34 PM PDT by Secret Agent Man (I'd like to tell you, but then I'd have to kill you.)
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To: freekitty

Hmm. I don’t think I’ve ever paid sales tax online.


18 posted on 04/22/2009 5:40:34 PM PDT by Right Wing Assault ( Obama, you're off the island!)
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To: Comparative Advantage

This puts puts an enormous accounting burden on every single merchant who sells online. Every single State (that collects Sales Tax) has individual Sales Tax Laws, reporting and remittance requirements and forms to be filled out properly. Can you imagine trying to keep the records straight for 35 or more different State Sales Tax Reports??

This will be another difficult sell in the US Senate, but will probably fly through Nancy Pelosi’s House...


19 posted on 04/22/2009 5:42:03 PM PDT by Bean Counter (Stout Hearts.....)
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To: Valpal1

There is this amendment - no tax or duty on trade between the states.

Go after them on constitutional grounds, and make it an election issue.


20 posted on 04/22/2009 5:42:13 PM PDT by coydog (Proud to have slept through the Obama coronation!)
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