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Message
Senate passes nationwide online sales tax bill
Posted on 5/6/13 at 6:37 pm
Posted on 5/6/13 at 6:37 pm
quote:
The US Senate has approved a bill that could one day spell the end of sales tax-free online purchases. The Marketplace Fairness Act of 2013, which the Senate symbolically supported earlier this year and has now passed by a margin of 69 to 27, will give states the authority to collect sales tax from online storefronts, regardless of whether the sellers have a physical presence in the state. Technically, citizens are supposed to estimate and pay internet sales tax on their annual returns, but this is rarely done, leading states to eye Amazon or other sellers as a prime source of uncollected tax revenue.
This bill is a centralized effort to address something states have been working on for years, coming at a time when the online market is changing. Amazon, which could once shut down warehouses to evade state sales tax, has embraced a more fast-paced sales model that requires local facilities; it supports the tax bill. eBay and others, by contrast, have argued that the bill would impose serious costs and inconvenience for small sellers, making them manage taxes for every state that chooses to collect. The bill doesn't apply to businesses that sell less than $1 million a year online, but both Etsy and eBay have said that threshold is too low and worked to push it higher.
While the bill passed by a wide margin, a small coalition of Republicans and Democrats combined forces to oppose it. This included Senator Ron Wyden (D-OR), a longtime supporter of internet privacy and network neutrality whose state has no sales tax. While Senator Lamar Alexander (R-TN) called the Marketplace Fairness Act a "states' rights bill," other conservatives worried that the bill was effectively a new tax that would "hamper the entrepreneurial spirit" of internet sellers, in the words of Senator Ted Cruz (R-TX).
LINK
Posted on 5/6/13 at 6:49 pm to I Love Bama
What's status of this bill in the house?
Posted on 5/6/13 at 6:54 pm to RunningBlake
it'll pass the house...only a matter of time
Posted on 5/6/13 at 6:54 pm to rickgrimes
Complete and utter bullshite. I wish there had been a similar internet backlash like the one experienced with all the internet privacy stuff from last year.
Posted on 5/6/13 at 7:04 pm to acgeaux129
quote:
Complete and utter bullshite.
Why?
Not like you had a right to the loophole that allowed you to buy shite tax free.
Posted on 5/6/13 at 7:28 pm to Siderophore
What loophole are you referring to? There's no precedent establishing jurisdiction.
Posted on 5/6/13 at 7:42 pm to Siderophore
quote:
Not like you had a right to the loophole that allowed you to buy shite tax free.
What state gets the taxes? I live in LA but the product is located in TX but was purchased in AR. Answer that for me.
Posted on 5/6/13 at 7:51 pm to Ice Cream Sammich
the state which you reside i assume?
if you live in LA, then California will tax what you buy from whatever you buy on the internet
i think the whole premise is to keep people buying from local stores rather than tax free internet goods for cheap
i dont want taxes, but this tax makes sense
if you live in LA, then California will tax what you buy from whatever you buy on the internet
i think the whole premise is to keep people buying from local stores rather than tax free internet goods for cheap
i dont want taxes, but this tax makes sense
Posted on 5/6/13 at 8:38 pm to rickgrimes
Obama won't sign it because he said he won't raise taxes on the middle class.
Posted on 5/6/13 at 8:41 pm to HailToTheChiz
Its a good idea but retarded. What will happen is sellers charging sales tax and not remitting the tax to local jurisdictions. Guaranteed. And of the states even realize it the sellera will most likely disappear. More red tape and bs
Posted on 5/6/13 at 8:44 pm to HailToTheChiz
Its a good idea but retarded. What will happen is sellers charging sales tax and not remitting the tax to local jurisdictions. Guaranteed. And of the states even realize it the sellera will most likely disappear. More red tape and bs
Posted on 5/6/13 at 9:11 pm to I Love Bama
What I don't get is Amazon being FOR it. One of the main reasons I shopped with Amazon was not having to pay sales tax. It was their biggest attraction for a lot of customers. Now there is less incentive to shop with them.
Wasn't it just last year that they had a bitter fight regarding sales tax with the California state government? Why this sudden about face I wonder.
Wasn't it just last year that they had a bitter fight regarding sales tax with the California state government? Why this sudden about face I wonder.
This post was edited on 5/6/13 at 9:20 pm
Posted on 5/6/13 at 9:19 pm to rickgrimes
Amazon is building s decentralized warehouse system and will get snaggled up in State sales taxes anyway. A universal law will keep the playing field level in their eyes.
Posted on 5/6/13 at 9:25 pm to Springfield XD
quote:
Amazon is building s decentralized warehouse system and will get snaggled up in State sales taxes anyway. A universal law will keep the playing field level in their eyes.
yep, they are thinking long term.
Posted on 5/7/13 at 2:39 am to Ice Cream Sammich
quote:
What state gets the taxes? I live in LA but the product is located in TX but was purchased in AR. Answer that for me.
LA
It's always been based by the location of the purchaser.
Specifically, your shipping address.
The nature of cyberspace makes the item location and store ilrelevant.
The end result to you is that it is the same as if you bought it in a store near your home. If your state/city has no sales tax, then this bill doesn't effect you.
This post was edited on 5/7/13 at 8:22 am
Posted on 5/7/13 at 2:42 am to acgeaux129
quote:
What loophole are you referring to? There's no precedent establishing jurisdiction.
The loophole where you can evade sales tax by purchasing an item from an out of state merchant and the state can't do a thing about it.
It sucks the free ride is over, but I'm confused as to how it's bullshite.
Posted on 5/7/13 at 2:45 am to diat150
quote:
Amazon is building s decentralized warehouse system and will get snaggled up in State sales taxes anyway. A universal law will keep the playing field level in their eyes.
Actually it slants things in their favor by virtue of being already established.
This bill will make it difficult for a new start company to compete.
Posted on 5/7/13 at 2:45 am to diat150
(no message)
This post was edited on 5/7/13 at 2:45 am
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