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-   -   Web Sales Tax Collection Bill Filed In House on Oct 12th! (https://gfy.com/showthread.php?t=1042312)

Redrob 10-18-2011 02:37 PM

Web Sales Tax Collection Bill Filed In House on Oct 12th!
 
Quote:

A sales tax bill with bipartisan support was introduced in the U.S. House of Representatives yesterday, proposing a fast-track way for states to require online and catalog retailers to collect sales tax.

The bill exempts sales tax collection by retailers with less than $1 million in annual nationwide sales; for individual states, the exemption is based on having annual in-state sales of less than $100,000.
Link to Article

The revenuers are coming after yo' money!

Just my opinion. :pimp

seeric 10-18-2011 02:49 PM

Good luck with that. All the big money is made on sites and companies outside the USA.

Others that can move, will move offshore.


*Speaking only about adult sites FYI. Online retailers like BestBuy.com, Overstock.com, etc have been bracing for this for years.

Bladewire 10-18-2011 03:25 PM

The banks fuck over the masses to get richer, making the masses poorer.

The government gets weaker, due to loss in revenue from the masses, and increases taxes to become stronger, making the masses even poorer.

This increases the divide between the rich and poor. Not good :mad:

Captain Kawaii 10-18-2011 03:36 PM

Quote:

Originally Posted by Squirtit (Post 18499736)
The banks fuck over the masses to get richer, making the masses poorer.

The government gets weaker, due to loss in revenue from the masses, and increases taxes to become stronger, making the masses even poorer.

This increases the divide between the rich and poor. Not good :mad:

Welcome to the reality of American Capitalism, I mean, Free Enterprise.





.

Robbie 10-18-2011 04:32 PM

This should make all the Pro-Government/Anti-Business "protestors" (OWS) VERY happy!
Now evil big corporations will "pay". And the benevolent govt. that loves us all and looks after us like a shepherd tending it's sheep will have MORE money to give out to it's friends and/or start wars!

This is great news!

Rochard 10-18-2011 04:36 PM

Awesome. More companies will move outside of the US. Great job.

Barry-xlovecam 10-18-2011 05:56 PM

What's the big deal?

I pay "use tax" on Internet purchases of goods every year. Costs me 6% ($60.00) per thousand -- big fucking deal ... Costs more to pay fines and penalties if you get caught for tax evasion.

FYI: you need to declare Internet purchases on state tax returns and pay the use tax -- always have ...

Why is there no sales tax on real property and stock, bonds and other securities? How much could we reduce sales tax on consumer product purchases with those items included to offset the loss in sales tax revenue?

Barry-xlovecam 10-18-2011 06:01 PM

Quote:

Originally Posted by Rochard (Post 18499852)
Awesome. More companies will move outside of the US. Great job.

Then you would need to import the goods and pay foreign exchange costs, maybe duties and definitely use tax anyway. That's a red herring -- someone is going to sell the product you need/want in any case ...

LiveDose 10-18-2011 07:15 PM

These fuckers just won't quit it with their tax war on Americans. God damn it never stops.

porno jew 10-18-2011 07:15 PM

rip america nice knowing you ...

BFT3K 10-18-2011 07:20 PM

Yeah, forget the tubes, torrents, .xxx, and piracy - an online tax that we'll just easily add into the membership site pricing, is what's finally gonna kill the adult biz!

</sarcasm>

Actually, if online porn (or marijuana) gets taxed, it is here to stay!

Think about it...

Barry-xlovecam 10-19-2011 07:49 AM

To the best of my knowledge, service goods are not taxable in this state -- other states may differ ... As an example: I do not pay sales tax on a DVD rental or a movie ticket.

I can see how this might affect a computer parts seller on the Internet -- this law would make him the unpaid tax collector for 50 states and he would bear the cost of the collection and remitting of the monies collected to 50 states ... Problem is that this is uncompensated work and the end seller will probably want to raise his price ... So buyers end up paying a higher cost in the end.

But the problem is more complex -- each state has its own tax laws and rates -- this bill is headed to being tabled most likely -- it makes no sense.

Robbie 10-19-2011 08:04 AM

Quote:

Originally Posted by BFT3K (Post 18500153)
Actually, if online porn (or marijuana) gets taxed, it is here to stay!

Think about it...

I lived in South Carolina in the 1990's and most of the 2000's.

Video poker was a multi-billion dollar year industry there. It employed tens of thousands of people and the state made a fortune off the fees, licenses, and taxes.

Jim Demint even won the governershp by pledging to all the bars, nightclubs, and convenience stores that he would NOT let anything happen to video poker business.

BUT, the Supreme Court of South Carolina declared it unconstitutional one day out of the blue. I mean it caught everybody by surprise.

Within a week the sheriff's offices around the state were raiding businesses and destroying the video poker machines and arresting people.

Just like that the state of South Carolina cut it's own throat in the blink of an eye.

Don't think that just because something gets taxed that the govt. isn't perfectly capable of complete and utter stupidity. :(

ad1983 10-19-2011 08:15 AM

It was only a matter of time...

BFT3K 10-19-2011 08:19 AM

Quote:

Originally Posted by Robbie (Post 18501143)
I lived in South Carolina in the 1990's and most of the 2000's.

Video poker was a multi-billion dollar year industry there. It employed tens of thousands of people and the state made a fortune off the fees, licenses, and taxes.

Jim Demint even won the governershp by pledging to all the bars, nightclubs, and convenience stores that he would NOT let anything happen to video poker business.

BUT, the Supreme Court of South Carolina declared it unconstitutional one day out of the blue. I mean it caught everybody by surprise.

Within a week the sheriff's offices around the state were raiding businesses and destroying the video poker machines and arresting people.

Just like that the state of South Carolina cut it's own throat in the blink of an eye.

Don't think that just because something gets taxed that the govt. isn't perfectly capable of complete and utter stupidity. :(

Video poker employed "tens of thousands" of people? Cool.

MaDalton 10-19-2011 08:24 AM

there has been VAT on online purchases - including memberships - in Europe since ages - and the world didn't stop turning and companies keep making profits. whats the whining about?

96ukssob 10-19-2011 08:24 AM

Im surprised something like this wasnt setup earlier.

When you buy something in another state, you are supposed to (unless you state does not collect sales tax) report that to the state and pay the % you owe.

I just saw something not to long ago on CNBC how these super rich in NY were buying shit from New Hampshire for use in the NY house and not paying taxes on it, such as million dollar paintings, furnishings, jewelry, etc.

For me, I normally buy things online because they are cheaper, but don't think I purchase enough year round to owe significant amount of money in taxes... but if everyone filed, there would be a LOT more revenue for the states

LiveDose 10-19-2011 08:39 AM

Quote:

Originally Posted by MaDalton (Post 18501191)
there has been VAT on online purchases - including memberships - in Europe since ages - and the world didn't stop turning and companies keep making profits. whats the whining about?

You're right we'll pop open the bubbly... Should be be happy about this in other words? What's your point?


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