Of course, you’ll still owe the sales tax on that TV. It just won’t be collected by the company selling you the TV, so you’ll have to pay it yourself.
Which does mean that it will be much easier for you to cheat on your taxes, since it is very hard for your state to figure out that you made a purchase and didn’t pay the sales tax.
So if you are the kind of person who only pays their taxes when they are worried about getting caught, and would otherwise break the law with impunity (like those rioters in Ferguson), then this is clearly a good thing.
Which does mean that it will be much easier for you to cheat on your taxes, since it is very hard for your state to figure out that you made a purchase and didnt pay the sales tax.
So if you are the kind of person who only pays their taxes when they are worried about getting caught, and would otherwise break the law with impunity (like those rioters in Ferguson), then this is clearly a good thing.
Bingo.
Excellent, excellent point!