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 ...
The funny thing about that is that you are still out of business, and I am not.
All theory, no clue.
Jealousy will get you no where, and it's probably why you remain the failure you are now that you always have been.
Your accomplishments are measured in terms of gaming Title XIX subsidies and food stamps; you trade drags for Colt 45, and somehow you think you were ever a business man.
You are getting quite desperate and have resorted to some weird insults. I get a kick out of watching you flop around but I have seen it many times over the years.
That is typical of those who can’t debate the facts.
You are a failed businessman, and a laughable incompetent who resorts to blaming his child's health condition instead of himself for his failure.
I took in both my elderly parents when they went on hospice. No one quits their business when they are and continue to be profitable.
You never had any standing in this debate.
I retired at 60 because I could. It’s unfortunate that you think you must work until you die at your lemonade stand.
It is clear you have your priorities all messed up. As you mature and get some actual life experience you may understand.
Good luck with the stand today. Gonna be a hot one. You should be able to bring in tens of dollars.
Welfare benefits and food stamp fraud must have clearly outweighed what it was that you ever pretended to call "revenue."
I believe you meant to say...INVESTMENTS..
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