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This will add up....... (Read 130 times)
raydawg
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This will add up.......
06/21/18 at 08:42:09
 
Supreme Court rules states can force online retailers to collect sales tax

http://money.cnn.com/2018/06/21/technology/wayfair-vs-south-dakota/index.html

This will be a big deal for states.
Think about it, they have no skin in the game, nothing, yet they will get revenue from the work of others.

Even if guys like Versy, who sales a mod part here, might be in violation if he doesn't charge tax and send it in.
Anybody who sales anything on eBay, used, or otherwise.

All the "facts" are not out yet, but tax to politicians is like blood in the water to a shark....

It will add another layer to my wife's internet business too, it seems, as she sells her beads all over the world.

Guess we'll see how this works out, but once that genie is out, she ain't never going back.
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“The biggest big business in America is not steel, automobiles, or television. It is the manufacture, refinement and distribution of anxiety.”—Eric Sevareid (1964)
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justin_o_guy2
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Re: This will add up.......
Reply #1 - 06/21/18 at 09:12:40
 
They've been pushing that way,wrongly, for a long time.
It's another wrongheaded step
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The people never give up their liberties but under some delusion.- Edmund Burke.
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Re: This will add up.......
Reply #2 - 06/21/18 at 09:44:59
 
justin_o_guy2 wrote on 06/21/18 at 09:12:40:
They've been pushing that way,wrongly, for a long time.
It's another wrongheaded step


It reminds me of the misstep recently in Seattle, the head tax.
Government has become a greedy self consuming entity, its only concern is ensuring its own welfare of continuance.....
Instead of being a entity to serve the people, it has become a massive parasite.
This mindset is ripe from the local public sector, all the way to DC.

What is really hurting this nation is NOT immigration, healthcare, terrorist, etc, NO, its a out of control entity, that's main, and only real concern is, self.
The money they funnel into their own welfare, could solve so many of the others.....

Ok, bye, I'm off to enjoy retirement  Grin
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“The biggest big business in America is not steel, automobiles, or television. It is the manufacture, refinement and distribution of anxiety.”—Eric Sevareid (1964)
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verslagen1
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Re: This will add up.......
Reply #3 - 06/21/18 at 11:33:43
 
I already pay tax on internet sales.
California requires you pay sales tax where none was paid.
Some states collect it, some don't.
Where it isn't, I need to report it when I file income tax.
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raydawg
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Re: This will add up.......
Reply #4 - 06/21/18 at 13:36:28
 
verslagen1 wrote on 06/21/18 at 11:33:43:
I already pay tax on internet sales.
California requires you pay sales tax where none was paid.
Some states collect it, some don't.
Where it isn't, I need to report it when I file income tax.


Let me see if I have this right....

If a state like Washington, which has no sales tax, when I bought my tensioner, you had to pay California their sales tax rate anyway, to them, yes?
Now if my state had a sales tax, you would pay the tax to only my state, and not yours?
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“The biggest big business in America is not steel, automobiles, or television. It is the manufacture, refinement and distribution of anxiety.”—Eric Sevareid (1964)
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verslagen1
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Re: This will add up.......
Reply #5 - 06/21/18 at 13:51:38
 
raydawg wrote on 06/21/18 at 13:36:28:
verslagen1 wrote on 06/21/18 at 11:33:43:
I already pay tax on internet sales.
California requires you pay sales tax where none was paid.
Some states collect it, some don't.
Where it isn't, I need to report it when I file income tax.


Let me see if I have this right....

If a state like Washington, which has no sales tax, when I bought my tensioner, you had to pay California their sales tax rate anyway, to them, yes?
Now if my state had a sales tax, you would pay the tax to only my state, and not yours?

The way our tax law is written, I pay my local tax rate regardless where it's purchased.
I haven't checked but when I'm taxed for an on line purchase, it's supposed to be that rate and forwarded to cali.
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Re: This will add up.......
Reply #6 - 06/21/18 at 14:57:08
 

 Seeing this was on the way we enacted legislation placing tax revenue from online sales to the city instead of the state.  This only applies to items purchased from the city/county borders but its better it goes there than straight to the state in my opinion.
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Re: This will add up.......
Reply #7 - 06/21/18 at 16:44:01
 
Eegore wrote on 06/21/18 at 14:57:08:
 Seeing this was on the way we enacted legislation placing tax revenue from online sales to the city instead of the state.  This only applies to items purchased from the city/county borders but its better it goes there than straight to the state in my opinion.


You want to expand on that please.
Maybe use a example transaction, buyer pays what, seller pays what, and to whom.
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“The biggest big business in America is not steel, automobiles, or television. It is the manufacture, refinement and distribution of anxiety.”—Eric Sevareid (1964)
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Re: This will add up.......
Reply #8 - 06/21/18 at 16:53:51
 

 From what I understand when a buyer purchases something online, that originates from the city there is a 6% sales tax that goes to the city.

 Its like driving to the city to buy an item from the same store, except there's no driving, you do it online from wherever you are.
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Re: This will add up.......
Reply #9 - 06/21/18 at 17:48:23
 
Brilliant !  Perfect way to encourage everyone to order everyfu*kin' thig they can from Chinese ebay sellers instead of American online retailers.

Government greed and stupidity, State and Federal together. Can't beat that for pure genius.
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Re: This will add up.......
Reply #10 - 06/21/18 at 18:11:15
 

 We cant control the Supreme Courts decision but we can control where some of that money goes.
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oldNslow
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Re: This will add up.......
Reply #11 - 06/21/18 at 18:21:10
 
Eegore wrote on 06/21/18 at 18:11:15:
 We cant control the Supreme Courts decision but we can control where some of that money goes.


Yes indeed. We can rearrange the deck chairs on the Titanic that is our Government, but the SOB is still gonna sink us. Got yourself a lifeboat? The folks that come up with this c*ap got a nice one. And you and I don't have a seat in it.
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Eegore
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Re: This will add up.......
Reply #12 - 06/21/18 at 18:38:21
 

 I don't foresee the collapse of our economy coming anytime soon.
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Re: This will add up.......
Reply #13 - 06/21/18 at 18:53:39
 
Eegore wrote on 06/21/18 at 18:38:21:
 I don't foresee the collapse of our economy coming anytime soon.


I hope you're right. Besides, making sure some of that money winds up in the hands of local government is probably a good idea. None of those folks are crooks, are they? Haven't made it to the big league yet ? That takes a while.
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Re: This will add up.......
Reply #14 - 06/21/18 at 20:08:10
 
Eegore wrote on 06/21/18 at 18:38:21:
 I don't foresee the collapse of our economy coming anytime soon.


I just moved 6 figures into CD's and bonds today......
Yeah, not much yield, but not any risk, either.

I am doing this because I think the democrats are desperate to do anything to win the election(s), and the economy is Trumps best asset.
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“The biggest big business in America is not steel, automobiles, or television. It is the manufacture, refinement and distribution of anxiety.”—Eric Sevareid (1964)
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