Re: Do we support the Internet Sales Tax?
Posted: Wed May 15, 2013 1:43 am
thegreekdog wrote:BigBallinStalin wrote:thegreekdog wrote:Two things I learned yesterday about this bill:
(1) The $1 million exception is for total sales; not total internet sales. So, a company that sells like $500,000 of product over the internet, but has $3 million of total sales is subject.
(2) More importantly, the law would apply to all remote sellers, not just internet sellers. In other words, if your brick and mortar store sells out of state, it would be subject to this law. Further, companies that sell services may also be subject to this law.
The more I read about this law (not from you BBS, sorry... you can't be the expert in everything related to economics) the more I dislike it for reasons other than those previously stated.
Oh, what have I been incorrect about?
Did I say incorrect? I'm pretty sure I typed "you can't be the expert" not that you're incorrect. The problem with your argument is not the substance of the argument, it's that you're arguing something that is not specific to this law. I would argue the same thing except about sales taxes generally. It's like arguing about the environmental impact of things in an economics discussion.
I'm really at a loss here. Could you be more specific?
(Economics and environmental aspects are interrelated...)