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Internet Sales Tax? Coalition of 18 States Make Pact.
Wha'?! Lame.
Quote:
The states that have signed on are Indiana, Iowa, Kansas, Kentucky, Michigan, Minnesota, Nebraska, New Jersey, North Carolina, North Dakota, Oklahoma, South Dakota and West Virginia. Five more -- Arkansas, Ohio, Tennessee, Utah and Wyoming -- are in the process of finalizing the requirements needed to join.
A coalition of 18 states representing 20% of the U.S. population made a pact to begin collecting sales taxes on Internet purchases. The agreement provides a tax-collection procedure for online retailers . Retailer participation isn’t mandatory. The National Conference of State Legislatures says states lose as much as $8.9 bil annually from taxes that aren’t collected on online sales.
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Your Ride: Whatever I can get my hands on
they don't lose $8.9 billion, they just don't gain it. Last i checked government of any form has no control over internet commerce.....there's no precident. this won't last. Amazon.com will fight this. They will win. they will own.
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Nuke (n): a large firework that makes pretty lights and large lakes out of annoying countries.
You have three choices, stand behind our troops, grab a gun and toe the line with our troops, or stand in front of them, they can use the extra armor.
10-06-2005, 08:29 PM
