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Amazon Internet Sales Tax Legislation Passes as Part of California Budget
So, on to California Governor Jerry Brown for either his signature or veto.
For only the second time in 25 years a California spending plan was passed on time. One interesting part of that balancing act is an online sales tax, something lawmakers have been reluctant to approve in the past.
It seems like a no-brainer, the state needs money, so why not tax purchases online? We pay a tax when we buy the same products in the store. But critics say this tax could actually hurt some businesses in California. Those big online retailers, like Overstock and Amazon, have found a way around this law in other states. They just sever ties with businesses they deal with in the states with the tax. So companies that sell product to Overstock could lose Overstock as a client. This has put some small companies out of business.
The California state legislature needed to close a $9.6 billion deficit and this is expected to bring in $200 million a year in revenue. Some so called brick and mortar stores support this; they think it’s unfair that their product is taxed, but the same items online are not. The big question is do the benefits outweigh the possible side effects?
So, what happens next?
California Governor Jerry Brown can either sign the legislation, veto or allow it to become law. Brown has scheduled a 12 noon PDT new conference on the California budget and maybe we will know more then.
No word from Amazon or Overstock.com, but I bet their attorneys are preparing to file the lawsuits as soon as Brown makes his decision.
There will probably be a few court challenges.
One in federal court regarding the constitutionality of the nexus and the Commerce Clause. The other in California State Court regarding the imposition of a new tax without the 2/3’rds vote requirement of California Proposition 26.
Stay tuned…..and in the meantime, read this piece about yesterday’s legislative vote and what may portend for California.
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Day By Day June 14, 2011 – Decaf Please
Chris, I would say NO to the macchiatos.But, apparently the Well drinks will sell. Just don’t reach for the more expensive brands.
Previous:
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Flap’s Links and Comments for June 15th through June 16th
These are my links for June 15th through June 16th:
- @Flap Twitter Updates for 2011-06-16 | Flap’s Blog – FullosseousFlap’s Dental Blog – @Flap Twitter Updates for 2011-06-16 #tcot #catcot
- Flap’s Links and Comments for June 15th on 16:09 | Flap’s Blog – FullosseousFlap’s Dental Blog – Flap’s Links and Comments for June 15th on 16:09 #tcot #catcot
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@Flap Twitter Updates for 2011-06-16
- @mayorsam Unfortunately, thousands of folks will be hurt and lose their jobs/income – but the Dems don't care, now do they? in reply to mayorsam #
- @mayorsam Well, Amazon and Overstock will pull out of California and sue. What a waste of resources and time/effort in reply to mayorsam #
- Photo of the Day: John Edward’s Mug Shot http://bit.ly/iUD4Qm #tcot #catcot #
- President 2012 GOP Poll Watch: Romney 30% Palin 14% Cain 12% Perry 8% http://bit.ly/msu5e2 #tcot #catcot #
- @mayorsam I am an Amazon Sales associate on my blog and Amazon has said they will leave the state if forced to collect internet sales taxes in reply to mayorsam #
- Thanks California Democrats for pulling one of my sources of income from me and fellow bloggers #
- Amazon Tax bill vote: 53 Vs. 22 passes – now on to Governor Jerry Brown who if he signs it will precipitate Amazon leaving California #
- ASM Calderone D-Montebello claiming Amazon Tax is not a tax but a bill against tax evasion. Yeah right…. #
- If AB 28 passes, Amazon will yank my Associate status and leave the state. Wait for the vote on Amazon Tax #
- Dilbert May 29, 2011 – The Award http://bit.ly/iQ3fD1 #tcot #catcot #
- AB 28 – Internet Sales Tax or Amazon Tax bill now under consideration in the CA Assembly #
- Here we go: amazon Tax trailer bill #
- CA Assembly fun and games when legislator made derogatory reference to RDA bill vis a vis Sopranos bait and switch #
- Watching to see if the CA Assembly takes up the Amazon Tax or internet sales tax bill from the Senate #
- Watching the California Legislature on the CAl Channel passing budget bills that are known to be illegal so they can receive their paychecks #
- CA-36: Democrats Now Raising Money and Capitalizing on Controversial Ad Denounced by Craig Huey http://bit.ly/msvNJ1 #tcot #catcot #
- CA-36: Craig Huey Denounces Racist and Sexist Ad Against Janice Hahn http://bit.ly/jIEta9 #tcot #catcot #
- California has a budget RT @KQED_CapNotes: Assembly passes main #cabudget bill 51-23. Presumably, now it's on 2 the Guv. #catcot #
- Flap’s Links and Comments for June 15th on 03:57 http://bit.ly/lCCLB1 #tcot #catcot #
- Video: A Dentist in Your Pocket With Your Smart Phone http://bit.ly/kYwNrN #
- CA-36: California Democrats Nervous of a Craig Huey Victory Over Janice Hahn | Flap's Blog – FullosseousFlap's D… http://bit.ly/mbQyne #
- President 2012: Rudy Giuliani to Meet with Chris Christie and Rick Perry Today | Flap's Blog – FullosseousFlap's… http://bit.ly/metCYA #
- Flap’s California Morning Collection: June 15, 2011 | Flap's Blog – FullosseousFlap's Dental Blog http://bit.ly/mgYQkx #
- Game on for 2012: Los Angeles Marathon begins registration on August 1 http://bit.ly/4rYQ8O I feel like a run! #
- President 2012 Poll Watch: Obama 47% Vs. Romney 45% http://bit.ly/iEmh4b #tcot #catcot #
- CA-36: California Democrats Nervous of a Craig Huey Victory Over Janice Hahn http://bit.ly/m866p7 #tcot #catcot #
- President 2012: Rudy Giuliani to Meet with Chris Christie and Rick Perry Today http://bit.ly/k9pFCB #tcot #catcot #
- Flap’s California Morning Collection: June 15, 2011 http://bit.ly/iORJIv #tcot #catcot #
- Poll Watch: U.S. Economic Confidence Deteriorates in Early June – Approaches 2011 Weekly Low http://bit.ly/mN6qOo #tcot #catcot #
- Day By Day June 13, 2011 – Sharing http://bit.ly/lRGI1N #tcot #catcot #
- Flap’s Links and Comments for June 14th through June 15th http://bit.ly/kdWgDK #tcot #catcot #
- @Flap Twitter Updates for 2011-06-15 http://bit.ly/mGQkxp #tcot #catcot #
- Flap’s Links and Comments for June 14th on 11:24 http://bit.ly/mTniVk #tcot #catcot #
- The Morning Drill: June 15, 2011 http://bit.ly/mIlaLU #
- (500) http://www.flapsblog.net/2011/06/daily-extraction-periodontally-involved.html http://bit.ly/kcf3qo #
- CA-36: The Long Knives and Satan Are Already Out for Craig Huey | Flap's Blog – FullosseousFlap's Dental Blog http://bit.ly/lMmHWk #
- CA-36: Janice Hahn Hearts Gangsters In New Video – Give Us Your Cash, B–ch! | Flap's Blog – FullosseousFlap's De… http://bit.ly/lRkwQL #
- The Daily Extraction: Periodontally Involved Lower Right Third Molar http://bit.ly/k2jlUA #
- RE: Craig has grown up (El Segundo) and worked in the Congressional District most of his life. He lives currently ju… http://disq.us/29nnb6 #
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