Posted on 04/16/2018 6:52:39 AM PDT by Oldeconomybuyer
Sales Tax: $0.
Online shoppers have gotten used to seeing that line on checkout screens before they click "purchase." But a case before the Supreme Court could change that.
At issue is a rule stemming from two, decades-old Supreme Court cases: If a business is shipping to a state where it doesn't have an office, warehouse or other physical presence, it doesn't have to collect the state's sales tax.
That means large retailers such as Apple, Macy's, Target and Walmart, which have brick-and-mortar stores nationwide, generally collect sales tax from customers who buy from them online. But other online sellers, from 1-800 Contacts to home goods site Wayfair, can often sidestep charging the tax.
The case now before the Supreme Court involves South Dakota, which has no income tax and relies heavily on sales tax for revenue. South Dakota's governor has said the state loses out on an estimated $50 million a year in sales tax that doesn't get collected by out-of-state sellers.
(Excerpt) Read more at cbsnews.com ...
Maybe some of the vendors that use them don’t. I know we bought things recently using them and payed no state sales tx for NV. Tx for the link.
States are not the federal government
Im done.
Well see what the court says
I’d do that, but frankly, I’m not that worried about it. They’ll get theirs, one way or another. I’m more worried about restraining them.
Thats the other vendors. Thats not Amazon.
Have the delivery service collect the tax within their fee rate, based on merchandise valuation from the pick-up location in combination with the tax rate of delivery address.
So if they cranked up the corporate tax rate to 80% you wouldnt care because you just pass the costs on to your customers
Good to know.
Yeah. I'd have to, unfortunately. But I'd still be in business and you'd be bankrupt.
Hyperbole is sometimes instructive, but I wouldn't be too worried, really. Governments have been overthrown for less.
Used merchandise. Not normally subject to sales tax.
It must be nice to be in a business that doesnt have any competition nor any foreign companies that make the same thing.
How long have you had the lemonade stand out in front of Moms house?
Funny you should ask, since I own both her house and mine free and clear. Look me up when your 401(k) hits $2MM, like mine has. Maybe then you'll be in a position to keep up with the discussion. Until then, enjoy the ride on the back of your boss's garbage truck.
Im very happy for you. I actually closed my business last year to be with my son whos been hospitalized since last September but if I start it up again I will definitely try to follow your superior business acumen.
NFO.
Did you habitually lie to your customers too?
Your problems are probably bigger than just the fact that you couldn't figure out how to stay in business at all.
Hey Dipshit, I closed my business because my son has Primary CNS lymphoma and being with him is more important than all the money in the world. NFO
Sad as that is, your son's condition is not the subject of this debate and any mention of his condition doesn't make any point you have unsuccessfully attempted to make any stronger.
You wanted to be a smart ass, tell me "NFO" even as you were clearly losing on every point, played a meaningless sympathy card from the bottom of the deck as a shield for your stupid argument, and then pretended you made any point worth reading to begin with.
You are incapable of having a cogent debate when you lie and resort to such irrelevant debate tactics.
You are clueless. NFO, for the third time.
If you keep stepping it, I'll just sit back and keep laughing at you.
If you want it to end, stop posting.
If you don't, I'll just keep laughing at your demonstrable ignorance and business ineptitude.
You are my plaything as long as I choose and I'll play with you until such a time as I get bored with you and not before then.
When you said it doesn’t matter what your costs are since you can pass anything along to your customer I knew you were a high school kid who just got done with a Theory of Business class.
You lost the debate when you exposed your ignorance about the real world.
You are the reason I don’t debate teenagers.
By contrast I'm the one in business for 30 years, and I'm the millionaire.
And I am still laughing at you.
I have had plenty of kids like you work for me over the years.
All theory, no clue. As long as they could push a wheelbarrow I didn’t care if they babbled on like you.
Good luck with the lemonade stand today. Saturday must be your biggest day, right?
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