Amazon crumbles. The need to hear from customers stating if they collect sales taxes, the customers will go elsewhere.
Yikes, what a crew of liberal ghouls at the story link.
"Reporting from Sacramento Amazon.com cut a tentative deal with legislative leaders Wednesday night that would allow it to postpone collecting sales taxes from Californians for another year. The company in turn would drop its battle to overturn the state's new law that required it and many other out-of-state online retailers to collect the taxes."
LOL - And one year from now Amazon will just go ahead and close its California operations, and/or resume its efforts to overturn the offending law. This "deal" cost Amazon nothing and gives them another year of the status quo.
“I’m concerned about anything that would reduce revenues going forward because we’re in a very uncertain economy,” the governor said last week. “We need more revenues unless we’re going to keep curbing schools, courts, corrections.”
I love a good quote.
“I’m concerned about anything that would reduce revenues going forward because we’re in a very uncertain economy,” the governor said last week. “We need more revenues unless we’re going to keep curbing schools, courts, corrections.”
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Yes by all means, Moonbeam “curb” away. Curb at full speed and curb at will.
Oh, and START with those obscenely fat, taxpayer-funded, government worker pensions. ALL of them.
This is really bad news because it shows that any state now can force a out of state company to collect state sales taxes for it, without a change in Federal law. Maryland is following CA because it just jacked up it's sales tax by 50%.
The CA law referenced:
California tells online retailers to start collecting sales taxes from customers
A year’s delay in collecting the taxes will allow time for a referendum on the issue, I would think. Then if that fails to pass, Amazon can still pull out.
I presume they would prefer not to pull out. It would hurt California most, but it would also hurt Amazon, losing all those clients and sources.
Presumably this ties in with the failure of the emergency bill to pass, mentioned just above, which would have bypassed the referendum procedure.
So, I wouldn’t write Amazon off quite yet.
Now we’ll see if Amazon reinstates the affiliate program in California.
If not , then Brown won.