Site Meter

Posts Tagged “Amazon”

These are my links for September 11th from 14:05 to 17:21:

  • Romney goes after Perry on Social Security – In Florida, the Mitt Romney campaign is distributing a flyer attacking on Texas Gov. Rick Perry on Social Security. It contrasts Perry’s own words (“By any measure, Social Security is a failure”) with Romney’s positions (“Ensuring the program that millions of Americans rely on will be there for our children and grandchildren”). The issues is not simply, as Perry boosters would have us believe, that it is a Ponzi scheme. No, that part is halfway defensible (hence the focus of their commentary) since it addresses the concern that the system as currently configured will go bankrupt. No, the real issue is twofold: Are Perry’s attacks on the very idea of federal retirement benefits reasonable and will he make himself unelectable by defending them?

    Perry has suggested in his book that Social Security is unconstitutional (“Social Security is something that we’ve been forced to accept for more than 70 years now. . . . at the expense of respect for the Constitution and limited government”). However in the debate he said he didn’t want to discuss the theoretical issue. (But if it is unconstitutional, why wouldn’t he?)

    The Romney team is making several points. First, Perry has said these things frequently; it’s not a matter of backing away from a throwaway line in his book. Second, Romney is betting that even among conservatives this stuff sounds bonkers; in fact, Rep. Michele Bachmann (R-Minn.) has suggested as much. And finally, Romney is telling GOP voters that President Obama could essentially copy this sort of flyer, put it on every ad his campaign can manufacture, and make the election not about Obama’s rotten record but about Perry’s extremism.

    ======

    Rick Perry has dug himself a hole.

  • Amazon reportedly in talks to launch a Netflix for books – In February, Amazon.com launched its long-awaited subscription video-streaming service as part of Amazon Prime, setting itself up to be a serious rival to Netflix. If we’re honest, it has yet to take off but let’s not be too harsh on a service that is essentially a bolt-on to its existing Amazon Prime annual subscription that offers free two day shipping with no minimum purchase amount for $79/year.

    Today however we’re hearing reports via the WSJ that Amazon may soon launch a book equivalent of the service, charging a fixed monthly fee for access to a library of books. Amazon will reportedly offer book publishers a substantial fee for their involvement in the program.

    The idea isn’t entirely new with services like ‘the library’, booksfree.com and bookswim existing for some time but both are currently primarily for offline paperbacks and hardbacks. There’s also 24symbols which recently launched a near identical offering, but currently only features titles that are public domain rather than premium bestsellers. With Amazon’s Kindle platform and intimate relationships with every premium publisher on the planet, this is a unique new space only the likes of Amazon and Apple are likely to be able to cater to.

  • The California Amazon Internet Sales Tax Compromise Signals a Shift to a National Online Tax? » Flap’s California Blog – The California Amazon Internet Sales Tax Compromise Signals a Shift to a National Online Tax?
  • Flap’s Links and Comments for September 9th through September 11th | Flap’s Blog – FullosseousFlap’s Dental Blog – Flap’s Links and Comments for September 9th through September 11th #tcot #catcot




adbrite your ad here banner Flaps Links and Comments for September 11th on 14:05

linkedin Flaps Links and Comments for September 11th on 14:05 reader Flaps Links and Comments for September 11th on 14:05 stumbleupon Flaps Links and Comments for September 11th on 14:05 printfriendly Flaps Links and Comments for September 11th on 14:05 email Flaps Links and Comments for September 11th on 14:05 share save 171 16 Flaps Links and Comments for September 11th on 14:05
Tags: , , , , ,

Comments Comments Off

It is hard to say since California Proposition 25 language in the bill (tax increases requiring a 2/3′rds super majority) makes for some legal incongruity and the fact that Governor Jerry Brown vetoed the enabling California Budget bill .

Here is the bill.

ABX1 28 (Blumenfield)
State Board of Equalization: administration: retailer engaged in business in this state.

The Sales and Use Tax Law imposes a tax on retailers measured by the gross receipts from the sale of tangible personal property sold at retail in this state, or on the storage, use, or other consumption in this state of tangible personal property purchased from a retailer for storage, use, or other consumption in this state, measured by sales price. That law defines a ?retailer engaged in business in this state? to include retailers that engage in specified activities in this state and requires every retailer engaged in business in this state and making sales of tangible personal property for storage, use, or other consumption in this state to register with the State Board of Equalization and to collect the tax from the purchaser and remit it to the board.

This bill would further define a retailer engaged in business in this state as a retailer that has substantial nexus with this state and a retailer upon whom federal law permits the state to impose a use tax collection duty. The bill would also include specified retailers as retailers engaged in business in this state and would eliminate an exclusion.

This bill would include in the definition of a retailer engaged in business in this state any retailer entering into agreements under which a person or persons in this state, for a commission or other consideration, directly or indirectly refer potential purchasers, whether by an Internet-based link or an Internet Web site, or otherwise, to the retailer, provided the total cumulative sales price from all sales by the retailer to purchasers in this state that are referred pursuant to these agreements is in excess of $10,000 within the preceding 12 months, and provided further that the retailer has cumulative sales of tangible personal property to purchasers in this state of over $500,000, within the preceding 12 months, except as specified. This bill would also provide that a retailer entering into specified agreements to purchase advertising is not a retailer engaged in business in this state and would define a retailer to include an entity affiliated with a retailer under federal income tax law, as specified. This bill would further provide that these provisions would not apply if the retailer can demonstrate that the referrals wold not satisfy specified United States constitutional requirements, as provided.

This bill would also include as a retailer engaged in business in this state as a retailer that is a member of a commonly controlled group, as defined under the Corporation Tax Law, and a member of a combined reporting group, as defined, that includes another member of the retailer?s commonly controlled group that, pursuant to an agreement with or in cooperation with the retailer, performs services in this state in connection with tangible personal property to be sold by the retailer.

This bill would provide that the provisions of this bill are severable.

This bill would appropriate $1,000 from the General Fund to the State Board of Equalization for administrative operations.

The California Constitution authorizes the Governor to declare a fiscal emergency and to call the Legislature into special session for that purpose. Governor Schwarzenegger issued a proclamation declaring a fiscal emergency, and calling a special session for this purpose, on December 6, 2010. Governor Brown issued a proclamation on January 20, 2011, declaring and reaffirming that a fiscal emergency exists and stating that his proclamation supersedes the earlier proclamation for purposes of that constitutional provision.

This bill would state that it addresses the fiscal emergency declared and reaffirmed by the Governor by proclamation issued on January 20, 2011, pursuant to the California Constitution.

This bill would declare that it is to take immediate effect as a bill providing for appropriations related to the Budget Bill.

The lawyers will have to get together on this one but at first blush and with the solence coming from Amazon and Overstock.com, my bet is that the legislation is dead.

Thank goodness! I can keep my meager Amazon Associate status – at least for today.

Stay tuned….




adbrite your ad here banner Is the California Amazon Internet Sales Tax Legislation Dead?

linkedin Is the California Amazon Internet Sales Tax Legislation Dead?reader Is the California Amazon Internet Sales Tax Legislation Dead?stumbleupon Is the California Amazon Internet Sales Tax Legislation Dead?printfriendly Is the California Amazon Internet Sales Tax Legislation Dead?email Is the California Amazon Internet Sales Tax Legislation Dead?share save 171 16 Is the California Amazon Internet Sales Tax Legislation Dead?
Tags: , , ,

Comments 2 Comments »

These are my links for April 25th from 15:13 to 15:45:

  • President 2012: Karl Rove warns candidates about late start – For a long time, it's been the cool-candidate thing to take your time coming to a 2012 decision.

    Casualness may soon be a casualty, Karl Rove said today on Fox.

    "There gets to be a point at which you don't have enough time to raise the money you need, and you don't have enough time to get organized as deeply as you need to be organized for these contests.

    That period is probably sometime in June or July."

    =====

    No later than Memorial Day.

    BTW Ron Paul is announcing tomorrow in Iowa.

  • Online Sales Tax a Bad Deal for California – In California there are 25,000 thriving small businesses known as “affiliate marketers” and right now the very existence of this industry is being threatened by misguided legislation; in these economic times can California afford to lose 25,000 more businesses?

    The supposition of AB 153 (Skinner) and SB 234 (Hancock) is that by implementing an “affiliate nexus” tax, California will collect additional sales tax revenue.  That is simply not true.

    What is true is that if these bills pass, California affiliate marketers will have their incomes devastated, and the state will collect no new sales tax dollars.

    Affiliate marketers are California companies that earn income from ads placed on their websites. In 2009, California affiliate marketers earned $1.6 billion and paid $124 million in state income taxes (plus business taxes, employment taxes, etc).  Legislation such as AB 153 and SB 234 guarantees elimination of these fiscal contributions.

    Proponents allege that because out-of-state retailers place ads on California-owned websites they should collect sales tax. But placing an ad on a website does not constitute a “nexus,” nor does it obligate out-of-state retailers to collect sales tax in California.

    This holds true for California retailers that advertise in other states – they are not obligated to collect sales tax in states simply because they advertise there.

    =====

    Read it all.

    And, it is a very bad idea.




adbrite your ad here banner Flaps Links and Comments for April 25th on 15:13

linkedin Flaps Links and Comments for April 25th on 15:13 reader Flaps Links and Comments for April 25th on 15:13 stumbleupon Flaps Links and Comments for April 25th on 15:13 printfriendly Flaps Links and Comments for April 25th on 15:13 email Flaps Links and Comments for April 25th on 15:13 share save 171 16 Flaps Links and Comments for April 25th on 15:13
Tags: , , , , , , , , ,

Comments 2 Comments »

These are my links for April 18th from 18:41 to 18:49:

  • Speaker John Boehner asks Dem Nancy Pelosi to join him in cutting funds from the DoJ to defend DOMA – Speaker John Boehner asked House Democratic Leader Nancy Pelosi's for her support to cut funds for the Department of Justice and use them to defend the Defense of Marriage Act.

    In a letter sent to Pelosi (D-Calif.) Monday, Boehner (R-Ohio) wrote that the funds Justice would have used to protect the law should be used by the Bipartisan Legal Advisory Group (BLAG) to protect the act.

    "The burden of defending DOMA, and the resulting costs associated with any litigation that would have otherwise been born by DoJ, has fallen to the House," Boehner wrote. "Obviously, DoJ’s decision results in DoJ no longer needing the funds it would have otherwise expended defending the constitutionality of DOMA. It is my intent that those funds be diverted to the House for reimbursement of any costs incurred by and associated with the House, and not DoJ, defending DOMA."

    The speaker also argued the funds Justice would have used to defend DOMA should be used by BLAG so that taxpayers aren't burdened with the additional expenses.

    =====

    Yeah and pigs fly.

    By the way, Nancy Pelosi represents most of San Francisco where a large gay population resides.

  • Illinois-based Amazon affiliates go dark because of Amazon Internet Sales Tax – JEREMY HOBSON: Today is the day thousands of retailers in Illinois had been dreading. That's because they'll lose their affiliation with online retailers like Amazon and Overstock.com, thanks to a new state sales tax for online purchases.

    But as Tony Arnold reports from Chicago Public Radio, Amazon and others have already found a way around the tax.

    TONY ARNOLD: Brad Wilson runs the aptly named BradsDeals.com — a coupon web site based in downtown Chicago.

    BRAD WILSON: Ultimately, Amazon and Overstock hold the trump card in this situation.

    Wilson says after today — Amazon will boycott business with BradsDeals — and roughly 9,000 other retailers in Illinois to skirt the tax. Illinois residents can still go online and get the latest best seller from Amazon, they just won't be getting that book from any Amazon affiliate in Illinois.

    WILSON: We're looking at a lot of options that I wouldn't want to have ever had to think of, unfortunately.

    Wilson says he's considering picking up shop and relocating to another state to make up for the money he'll lose. He wouldn't say how much.

    One Amazon affiliate — FatWallet.com — has already moved its headquarters from Illinois to Wisconsin which doesn't have the online tax. Amazon did not respond to requests for comment.

    Meantime, Overstock.com's president Jonathan Johnson confirmed his company plans to cut off Illinois affiliates on May 1st. Others like Zappos and Shoes.com are planning a similar move.

    =====

    Just like they will do in California if the California Democrats have their way with imposing a California based Amazon Tax.

linkedin Flaps Links and Comments for April 18th on 18:41 reader Flaps Links and Comments for April 18th on 18:41 stumbleupon Flaps Links and Comments for April 18th on 18:41 printfriendly Flaps Links and Comments for April 18th on 18:41 email Flaps Links and Comments for April 18th on 18:41 share save 171 16 Flaps Links and Comments for April 18th on 18:41
Tags: , , , , , , , , , , , , , , , , ,

Comments 1 Comment »

These are my links for April 18th from 10:17 to 11:28:

  • President Barack Obama coming to Reno on Thursday – President Barack Obama is making a three-day swing to explain his vision for reducing the national debt and it concludes Thursday in Reno.

    The White House issued a press release that day Obama will come to Reno to discuss " the ways the leaders in Washington can come together and meet the expectations of the American people."

    It follows town hall meetings on Tuesday in northern Virginia and on Wednesday in Palo Alto, Calif.

    ======

    Hitting all of the key battleground states – Virginia and Nevada.

    Plus, fundraising in California.

    Obama does know how to run a campaign. Too bad he sucks as a President.

  • Former Sarah Palin aide Frank Bailey writing tell-all book – Due Out in May – When a book is called "Blind Allegiance to Sarah Palin," you can guess it's not a happy story.
    An imprint of Simon & Schuster announced Monday that it had signed up "Blind Allegiance," a long-rumored tell-all by former Palin aide Frank Bailey. The imprint, Howard Books, will release Bailey's book May 24. Excerpts from an early draft were leaked to reporters earlier this year.
    Bailey worked with Palin while she was governor of Alaska and when she was John McCain's running mate on the Republican presidential ticket in 2008.
    Howard Books is calling "Blind Allegiance" a "chilling expose." Author Ken Morris and Alaska political blogger Jeanne Devon helped write the book.

    ======

    Now, this should be interesting summer reading – but only if Sarah is running.

  • Wisconsin’s Supreme Court Election Snafu Is a National Wake-Up Call – It's been over a decade since the Bush-Gore recount in Florida was supposed to spur a wholesale modernization of our election systems. But a stunning mistake made by a Wisconsin county clerk in a nationally watched state Supreme Court race reminded us of how far we have to go.

    Wisconsin voters went to the polls on April 5 in an election that could have flipped the state Supreme Court's majority from conservative to liberal. On the morning of April 6, liberal challenger JoAnne Kloppenburg declared victory by a margin of some 200 votes. But the next day Waukesha County Clerk Kathy Nickolaus announced that she had excluded some 14,000 votes from the city of Brookfield when she gave her final tally to the Associated Press on election night. The revised tally put conservative incumbent David Prosser more than 7,000 votes ahead of Ms. Kloppenburg, and he has since been verified the clear winner.

    Ms. Nickolaus's error could have been easily avoided through transparency. She had ended the prior clerk's practice of reporting election results for individual cities because it was "not her responsibility" and she didn't "have the staff to enter all the data"—an absurd statement given that many smaller counties post such data on their websites. Many states, such as Kentucky, offer user-friendly websites to track returns statewide.

    Not so in Wisconsin—and if we don't view this month's mess as a wake-up call, we'll have only ourselves to blame if next year's presidential election turns into a rerun of Florida 2000. Americans know it could happen: The Brookings Institution reports that in a 2004 poll of 37 nations, Americans were more likely than citizens of any country save Russia to say that their elections are "very dishonest."

    Mexico—which has a national photo ID requirement for voting—spends roughly 10 times more per capita than the U.S. and has virtually eliminated charges of voter fraud or incompetence. We can vastly improve our system with much smaller investments.

  • Why California Should Tax Online Sales? Or Not… – On this “Tax Day” and throughout the year, millions of Californians do their part to sustain the schools, health care, public safety, and other foundations of a healthy state. But projections show today’s collection will come up at least $1 billion short of what is due because most Californians won’t add the sales tax they owe on online purchases to the bottom of their California income tax form. With the state once again facing tough budget times, these dollars could go a long way to close our gaping budget gap.

    Most Californians may not realize that if a retailer fails to collect the sales tax due on a book, a pair of shoes, or other purchase made online, the purchaser still owes the tax. This requirement is nothing new – it’s been part of state law since 1935. The hitch comes in trying to collect the tax. In fact, only 1 percent of those who buy online from out-of-state companies like Amazon.com currently pay the taxes due. As online sales soar, they also take a big, and growing, bite out of the state’s revenue collection.

    =======

    There is NO good reason and these leftists use the fairness argument to justfy their redistribution schemes and the right of the state to YOUR money.

    One problem which I have written about extensively is the loss of jobs and the fact the state of California really won't realize any more revenue.

    Oops….

linkedin Flaps Links and Comments for April 18th on 10:17 reader Flaps Links and Comments for April 18th on 10:17 stumbleupon Flaps Links and Comments for April 18th on 10:17 printfriendly Flaps Links and Comments for April 18th on 10:17 email Flaps Links and Comments for April 18th on 10:17 share save 171 16 Flaps Links and Comments for April 18th on 10:17
Tags: , , , , , , , , , , , , ,

Comments 1 Comment »

These are my links for April 12th from 00:41 to 08:32:

  • California courts: A judicial fight may be averted – William Vickery's announcement that he would retire as the chief administrator of the California judicial system may cool off a red-hot political fight that pits judges against judges.

    Officially, Vickery, the top executive at the Administrative Office of the Courts, or AOC, was merely fulfilling a previously made decision to step down. But it occurred as Vickery was receiving big-time heat from rebellious judges, the state auditor's office and legislators over management issues, especially a much-troubled, very costly computer system.

    To critics, the California Court Management System is symbolic of efforts by the recently retired Supreme Court chief justice, Ron George, to centralize judicial management, bypassing locally elected judges.

    Rebel judges created the Alliance of California Judges and are sponsoring legislation that would affirm the right of local courts to manage their affairs. The AOC, under Vickery, has been organizing opposition to Assembly Bill 1208 by Assemblyman Charles Calderon, D-Whittier.

    When State Auditor Elaine Howle issued a highly critical report on the computer system, it gave the rebels more ammunition.

    "AOC has consistently failed to develop accurate cost estimates," Howle said. "Projected in 2004, the AOC's earliest available cost estimate for the system was $260 million, an amount that grew substantially to $1.9 billion based on the AOC's January 2010 estimate. Over the same period, complete deployment to the superior courts has been postponed by seven years, from fiscal year 2008-09 to fiscal year 2015-16."

    After the report was issued, several legislators called for Vickery to resign.

    The computer system was to be George's crowning legacy, along with a $5 billion courthouse construction project. Both legacies, however, are tarnished by their implementation.

    ======

    Former chief Justice Ronald George was an idiot and everyone is glad he is gone (retired.

    The California court system is a disgrace, costs too much money and needs to live within its means.

    I say cut their bloated budgets and pare back the judge's salaries.

  • Amazon Tax: The Internet Tax Mirage – Governor Pat Quinn recently added to his reputation as America's most taxing politician by signing a law applying the state's 6.25% sales tax to Internet purchases made in Illinois. Within hours, Amazon, the online book and merchandise seller, announced it would discontinue using any of its 9,000 Illinois small business affiliates to avoid having to collect the tax. Congratulations, Governor.

    The issue of whether and how states should tax Internet sales is back as one of the hottest in state legislatures. Colorado, New York, North Carolina and Rhode Island already impose some version of what has become known as the "Amazon tax," and at least a dozen other deficit-plagued states are advancing similar bills. This political brawl unites liberals with brick-and-mortar retailers, such as Wal-Mart, Best Buy and Target, against taxpayers and such online retailers as Amazon and Overstock. Internet sales reached $165 billion last year and have been growing by nearly 15% annually.

    The first issue is whether the Amazon tax is constitutional. New York's law is now being challenged in court as a violation of the Supreme Court's landmark 1992 Quill decision. In that case the High Court ruled that a state cannot impose a tax on a company if it does not have a physical presence in that state.

    This decision originally applied to mail order sales, but the same principle applies to firms that sell over the Internet. If the company does not have an office, store or warehouse inside a state, the state cannot compel the firm to collect sales tax. Illinois and others are trying to broaden the concept of physical presence to include doing business with any affiliate inside the state's borders, such as online advertisers.

    The Quill standard may be the last line of defense against what would become a raid by governments at all levels on interstate online commerce. One virtue of the U.S. federal system is that it allows states to compete on tax policies. The courts should insure that a firm has a genuine physical presence in the state—not merely an online presence—to impose its taxing power. States retain the right to collect a "use tax" from their residents who make purchases from out-of-state companies or over the Internet.

    Even if the courts rule against online sellers, states are fantasizing if they believe this tax will raise as much money as they hope. As in Illinois, Amazon has announced that it will cease doing any business with affiliates in any state that imposes this tax, and the firm hasn't been bluffing. So far it has closed its affiliate program in every state with the tax, except New York (where the law is under challenge).

    Paul Dion, head of Rhode Island's revenue analysis office, says that "To date nobody has come forward to remit sales tax to us under that [online sales tax] statute." North Carolina's tax office reports that the state had raised all of $4.6 million as of January from the new tax, a small fraction of what legislators predicted. A study by the Tax Foundation has found that because of the retaliatory steps taken by Amazon, Rhode Island and North Carolina may have lost money because online marketing companies have closed down, or relocated outside the state.

    ======

    The Amazon Tax will NOT solve the states budget problems and will lead to a loss of jobs.

    How stupid do these states have to be?

  • @Flap Twitter Updates for 2011-04-12 | Flap’s Blog – FullosseousFlap’s Dental Blog – @Flap Twitter Updates for 2011-04-12 #tcot #catcot
  • Flap’s Links and Comments for April 11th on 16:35 | Flap’s Blog – FullosseousFlap’s Dental Blog – Flap’s Links and Comments for April 11th on 16:35 #tcot #catcot
  • Dilbert April 9, 2011 – The Parallel Universe | Flap’s Blog – FullosseousFlap’s Dental Blog – Dilbert April 9, 2011 – The Parallel Universe | Flap's Blog – FullosseousFlap's Dental Blog
  • California Federation of Teachers Adopt Resolution of Support for Convicted Cop-Killer Mumia Abu-Jamal | Flap’s Blog – FullosseousFlap’s Dental Blog – California Federation of Teachers Adopt Resolution of Support for Convicted Cop-Killer Mumia Abu-Jamal | Flap's …
  • Flap’s Dentistry Blog: The Daily Extraction: Three Upper Molars and Sinus Perforation – (500)
linkedin Flaps Links and Comments for April 12th on 00:41 reader Flaps Links and Comments for April 12th on 00:41 stumbleupon Flaps Links and Comments for April 12th on 00:41 printfriendly Flaps Links and Comments for April 12th on 00:41 email Flaps Links and Comments for April 12th on 00:41 share save 171 16 Flaps Links and Comments for April 12th on 00:41
Tags: , , , , , , , , , , ,

Comments Comments Off

These are my links for March 24th from 08:00 to 09:50:

  • How television created and then killed Sarah Palin’s political prospects – It was television that destroyed Sarah Palin, just as it made her. I’ve said before and I’ll say it again – the arrival of Palin as a major political figure in 2008 was an emanation of the reality-TV culture, anchored in the belief that ordinary or “everyday” people, inarticulate though they may be, and with all the baggage of messy personal lives, are truly compelling public figures. Palin was the political equivalent. A figure who refracts national identity as it is shaped by the culture’s most powerful medium. Authentic, populist and dismissive of sophistication in thought and action.

    Then, television duly destroyed the Palin authenticity. The arc of her national political career began with a defining speech at the Republican National Convention in September, 2008, and ended in November, 2010, a few episodes into Sarah Palin’s Alaska. The show, a cringingly inevitable reality-TV series, gave her a huge platform and she blew it. If her exposure on TV in 2008 brought out the authenticity, the show brought out Palin’s inner princess. She talked about being a mom 87 times an episode (I’m exaggerating , but only a little) and made dubious attempts to make political parables linking her family, the outdoors and wildlife. It was ego unbounded. And this after quitting her job as governor of Alaska.

    ======
    Interesting enough Sarah Palin's next career will most probably be on television.

  • Why is Jon Huntsman running for president? – This is like Sen. John McCain (R-Ariz.) without the war record and without the bona fides on national security. And speaking of which, Huntsman’s hiring “key members from McCain’s team at the helm.” That alone is enough to freak out many in the base, who came to detest the McCain campaign crew for incompetency and disloyalty to its VP pick.

    I’m trying to figure out who a “Huntsman voter” is. Rudy Giuliani attracted moderates before his campaign imploded (fizzled, actually). But he led New York through Sept. 11, governed like a no-nonsense fiscal conservative and offered up conservative positions on school choice, health care and tax policy. And he never served in a liberal president’s administration. Perhaps there is an untapped segment of the electorate to the left of Giuliani who doesn’t think that poorly of Obama. Unfortunately for Huntsman, they likely are Democrats.

    You do have to wonder how Huntsman, an intelligent man with business experience, was sold on taking the plunge. And you really have to wonder how thrilled his family will be if he decides to risk a chunk of the family fortune.

    ======

    Good question – because he has the massive fortune to do so?

  • California must enforce ‘use’ law — now – Or Support Internet Taxes – So be it. Holding affiliates hostage in a desperate effort to continue tax-exempt merchandizing shouldn't be condoned. Barnes & Noble, which does collect the sales tax, has offered to pick up some of the Amazon affiliates. Other online retailers could, too.

    If the tax-free e-tailers retained their affiliate marketers and began collecting the taxes, Skinner estimates, her bill would net between $250 million and $500 million annually for the bleeding state general fund.

    But California this year will be stiffed much more: $1.7 billion in taxes that should have been paid on Web purchases, according to a University of Tennessee study.

    Another bill, by state Sen. Loni Hancock (D-Berkeley), would grant the Board of Equalization more power to force tax collections. She estimates it could gain the state more than $1 billion annually.

    A key backer is Democratic equalization board member Betty Yee.

    "Amazon used to argue that it didn't have the capability to collect the taxes, given the various different tax rates," she says. "They can track individual consumer preferences about products but can't track sales taxes? That's kind of crazy."

    Runner says, "The only way to solve this problem is with a national solution. You can't do it piecemeal."

    Perhaps. But a lot of California retailers could fold before the feds ride to their rescue. Meanwhile, deficit-plagued states are denied the taxes they're owed.

    Sacramento politicians should move swiftly to protect local businesses and demand the state's legal share. They should get off their inertia.

    =====

    George Skelton, the LA Times Columnist is an old tax and spend liberal who never met a tax he didn't like.

    He supports the loss of jobs to California affiliates of Amazon.com and Overstock.com.

    I suggest that those affiliates cancel their paid subscriptions to the Los Angeles Times.

    Oh wait, they already read the rag for free on the internet.

    Internet taxation is a bad policy for California and America.

linkedin Flaps Links and Comments for March 24th on 08:00 reader Flaps Links and Comments for March 24th on 08:00 stumbleupon Flaps Links and Comments for March 24th on 08:00 printfriendly Flaps Links and Comments for March 24th on 08:00 email Flaps Links and Comments for March 24th on 08:00 share save 171 16 Flaps Links and Comments for March 24th on 08:00
Tags: , , , , , , , ,

Comments 1 Comment »

©Gregory Flap Cole All Rights Reserved