Online businesses and entrepreneurs are leaving the state, thus risking an actual reduction, as opposed to marginal increase, in California’s tax revenue.
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California’s ‘Amazon Tax’ Already Proving a Bust
http://biggovernment.com –
Category: Unintended Consequences Tags:
Senator To Propose New Internet Sales Tax
http://www.crunchgear.com –
The second most senior Democrat in the U.S. Senate, Dick Durbin, will propose a new scheme that would force online retailers like Amazon and iTunes to collect local taxes for each and every transaction. He’s expected to make the proposal the day after Tax Day, and it’s expected to be controversial within two seconds of having been announced.
Read more »Category: Taxes, Fees & Fines Tags:
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