Posted on 06/21/2011 2:59:48 PM PDT by DeaconBenjamin
Did you feel that way about the Obamacare waivers?
Ouch. Stop making such good points.
I don’t think this is much different than Indiana, Wisconsin, and other states trying to lure business away from Illinois after their tax hike with tax breaks and incentives.
In this case, Texas is trying to keep Amazon after they announced their decision to quit their distribution and warehouses in Texas in Feb. after the Comptroller handed them a $269 million bill for uncollected sales tax and tried to order them to collect sales tax.
Amazon already left Rhode Island, Hawaii, and N. Carolina in ‘09 over the same disagreement.
Sounds better than New York State they gave some tech company a bunch of money out right and got nothing... they went belly up..
Warehouse jobs are not the way to build a 21st century economy.”
Lavine is an idiot IMO to suggest that we need companies who employ writers of books rather than movers of books. Apparently he hasn’t looked at the job qualifications of many of the people who have no jobs. Seems to me like these are exactly the kinds of jobs that could be filled quickly.
Wrong. The threat is to tax Amazon if they do not agree to the deal.
Should be 4½ years off of any sales generated by each 5 positions and 300k invested.
Scale it down to less then amazon size.
The consumer of the finished product pays a tax.
Retailers forward that collected tax payment to the state.
If Amazon doesn't want to collect and forward state and local sales taxes for products sold in Texas, to Texas consumers, it is easily done.
Amazon can simply refrain from opening an office in Texas!
All legal!
When Texas exempts Amazon from collecting Texas retail sales taxes, Texas is violating both the spirit and the letter of all federal laws regarding interstate commerce.
BTW, in an effort at full disclosure,let it be clear that I refuse to buy any books from Amazon.
I love my local book retailers, and much prefer to pay an open sales tax, instead of an Internet dealers tax evading shipping and handling charge.
But that's just me....
I like the way you think.
Local areas...my town specific...created TIF areas.
It does bring in business and employment. The downside, is...when the 5 year period is up, the bigger firms pull out looking for another TIF area.
Really?! Sounds to me like win-win for any company that will meet the threshold set forth here and for the Texas economy. Sounds like capitalism at work.
You are quite correct. This is a good move by and for Texas.
Sounds good to me. 5,000 new jobs would bring a lot of revenue to the state. If other states will not create business incentives, then that is *their* problem.
Looks like Amazon and Texas consumers lost. I just got dinged for sales tax on two kindle purchases.
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