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Senate approves online sales tax bill [W:244]

You have to wonder why the Senate (and mainly democrats) feel the need to pass this right now, when it will obviously hurt the economy, not help it. Consumers don't support it, and I don't hear many businesses calling for it. Why now?

National (US) Poll - May 2, 2013 - Hillary Clinton Owns 2016 Dem | Quinnipiac University Connecticut

Big businesses are pushing for it along with the states.

Isn't it funny the "citizens united ruling is bad" party is supporting big business here? :lamo
 
Who cares about what is fair? The states must respect their borders and the federal government should not be helping them to reach outside of their borders. It's not about fairness, its about jurisdiction. A state should not be telling citizens of another state what to do nor should the federal government be doing it to benefit a state that the citizen is not a resident of. If I live in Florida I should never have to pay taxes towards Georgia or any other state unless of course if I travel to that state.

It works the other way. If you live in Florida, and buy something from Georgia, you have to pay Florida. And the Georgia business has to collect for Florida. And Florida can audit the Georgia business.
 
Big businesses are pushing for it along with the states.

Right, but voters aren't. And it wont help the economy, which the President keeps telling us is his number 1 priority. So why raise taxes?
 
If they actually cared about the consequences, they would simply have the sales tax apply in the State where the sale is made. Suddenly, my state would realize that poking us for 8.125% is killing jobs and our sales tax would vanish.
 
Absolutely not. We don't need more taxes and I hope this gets destroyed soon. I'm honestly shocked that people support this.
 
Absolutely not. We don't need more taxes and I hope this gets destroyed soon. I'm honestly shocked that people support this.

Im not shocked that govt wants to find more ways to get our money. And that liberals support it.
 
I could forsee a negative effect for more smaller, more generic storefronts and start ups, but the larger sites primary advantages lie in convenience and exclusitivity, two traits that will likely override potential losses (Amazon, for example is backing the proposition). The bipartisan support is derived from both the local revenue component and its support from the mom and pop variety local business community.
 
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Uh its about states..
"empowers states to collect taxes on purchases made online by consumers in their states from out-of-state retailers. Under current law, states can only collect from companies that are physically located within their borders."
Commerce clause states: "To regulate Commerce with foreign Nations, and among the several States, and with the Indian tribes"

Therefore constitutional and they do have the authority.


"The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defence"
Its a tax to me seems constitutional...

Thats not the point... Congress is filled with attorneys who have been molded to "correctly legislate" according to the written standard. Whether or not it is intrusive and an abuse of power is a different matter.... and this is both. But I guess you as socialist loves to see an increasingly intrusive government being passed on to our children.
 
Thats not the point... Congress is filled with attorneys who have been molded to "correctly legislate" according to the written standard.
Whats the problem with that?

Whether or not it is intrusive and an abuse of power is a different matter.... and this is both.
Based on your opinion that is...

But I guess you as socialist loves to see an increasingly intrusive government being passed on to our children.
Yup... I hate kids..
 
Whats the problem with that?


Based on your opinion that is...


Yup... I hate kids..

HA! Its funny how you admittedly want to curse other people with your own cursed ideals. At least you're not in denial.
 
Anyone want to tell me what 1% of a million is?

Feel free to answer this easy math problem. A certain body that represents us doesn't know the answer I'm afraid.
 
Yes, if I bring in a million dollars and my profit margin is 1% how much money did I make?

I was wondering about the 1% figure. I didn't care to read all posts to find out its meaning, but you're correct, if the cost of compliance is that on the top line number, there would be a problem which is why I'm against the proposal...
 
With a 1% profit margin, I would hope you did a lot more business than a million.



Yes, if I bring in a million dollars and my profit margin is 1% how much money did I make?
 
I don't imagine they understand the idea of self control or understand what is wrong with ever higher and higher taxes.

Short-sightedness seems to be a near universal epidemic.
 
With a 1% profit margin, I would hope you did a lot more business than a million.

I believe the typical profit margin for retailers is ~8%, so yea, if the top line cost of compliance works out to be 1%, then your income has just been reduced from $80K to $70K. That's a rather large impact...
 
With a 1% profit margin, I would hope you did a lot more business than a million.

I was pondering when I eating dinner the profits margins of a clothing store which is about 1%- 2% when my mind wondered back to this bill. I just thought I would share the problem that came to me when eating is all.
 
I believe the typical profit margin for retailers is ~8%, so yea, if the top line cost of compliance works out to be 1%, then your income has just been reduced from $80K to $70K. That's a rather large impact...

Good evening, AP.:2wave:
It seems to be your sad lot in life to teach Economics 101 to slow students forever.:doh
 
Good evening, AP.:2wave:
It seems to be your sad lot in life to teach Economics 101 to slow students forever.:doh

I've learned that you cannot teach the unwilling to learn, so I just put in my 2 cents and move along. Good evening 2m...
 
Short-sightedness seems to be a near universal epidemic.

Liberals have always bugged the hell out of me with their tendency to see a big number like a million dollars and not even consider that is no where near what the owner of the business is bringing home. It's just so frustrating to see how goddamn cocky they are when they base their entire position on the most ignorant idea imaginable.
 
Liberals have always bugged the hell out of me with their tendency to see a big number like a million dollars and not even consider that is no where near what the owner of the business is bringing home. It's just so frustrating to see how goddamn cocky they are when they base their entire position on the most ignorant idea imaginable.

Please don't confuse those who have hijacked the term "liberal" with true Liberals. They are just progressives (mostly Marxists) assuming what is perceived to be an acceptable political identity...
 
Please don't confuse those who have hijacked the term "liberal" with true Liberals. They are just progressives (mostly Marxists) assuming what is perceived to be an acceptable political identity...

No... No.. 98% of Modern day liberals and progressives are not "Marxists".. Dont even go down that road..
 
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