Posted on 06/30/2011 5:26:00 AM PDT by mort56
Gov. Jerry Brown has signed into law California’s tax on Internet sales through affiliate advertising which will immediately cut small-business website revenue 20% to 30%, experts say.
The bill, AB 28X, takes effect immediately. The state Board of Equalization says the tax will raise $200 million a year, but critics claim it will raise nothing because online retailers will end their affiliate programs rather than collect the tax.
Amazon has already emailed its termination of its affiliate advertising program with 25,000 websites
(Excerpt) Read more at jan.ocregister.com ...
Ben Stein was a Nixon stooge and should have gone to prison.
“I have friends in New York state who will drive thirty miles or more just to buy gasoline in New Jersey where the gas taxes are much lower.”
How long before they have undercover MY State Troopers watching NJ gas stations to catch “tax evaders?”
Amazon's decision to terminate it's dealings with 1/10 of its affiliates is eventually going to lead to a situation where Congress acts to protect the States revenues and specifically makes a requirement that on interstate transactions, the seller must collect the sales tax from their state (no matter where the goods end up).
For a company run by liberals who love the benefits of other people's tax money, Amazon sure has a libertarian/anarchist view of tax laws that affect its business operations.
I’ve seen it said this way before:
“Hey, Democrats, ‘1984’ was supposed to be a warning, not a guidebook”
“It’s been conquered by Mexico”
That’s a little over the top.
“Zero Sum Game”
Maybe you were being clever here referring to an Obama scheme as a Zero, but what has happened is not a ZSG.
In game theory and economic theory, a zero-sum game is a mathematical representation of a situation in which a participant’s gain or loss is exactly balanced by the losses or gains of the other participant(s).
This thing is just a lose/lose game.
Ya gotta love liberals for at least one thing - they are the baseline from which all intelligence should be measured,
Nice. Permission to steal this?
Sounds like something out of Atlas Shrugged. What next? The Anti-Dog-Eat-Dog Rule?
In other news:
O.C. manufacturer moves, adds 270 jobs in D.C.
OK....so now all the affiliates run to Oregon?
I blame the 100% daily value of B vitamins and "energy blend" in the Monster I was sipping on.
Well done!
Excellent, you should send such to one of the Online Quotes databases so you will get credit for such. It is a very "spot on" quote and I applaud your authorship of it! Well done!
My husband and I shrugged a few years ago. The hassle with the dozens of taxes and literally hundreds of regulations, coupled with the puny take-home....well...we shrugged. We have enough, now to live reasonably comfortable. It was time to give it up.
I'm not from CA, but I've never heard of this. Sounds like something out of 1984, or maybe the old Soviet Union.
You are correct and I’m going to plead lack of coffee. Have a great FReepin’ day!
Thanks...
Occasionally I can be clever but alas it is mostly by accident and not instead some focused brainstorming session...
Hoo Haa! Good one.
Well I'm using it right now to make FReepers think I'm good at making stuff up.
Once this thread has run its course it's all yours.
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