Looks like we dodged 1 Bullit on Internet Sales Tax

[KTurner]

While Mr. Morris is against the sales tax on internet purposes based on Constitutional reason there is another side to the story. The local and state governments are loosing a tremendous amount of revenue due to internet purchases. Since they are out of money they must find other ways to raise revenues like higher fees for registering you vehicles. Higher property taxes. And they are raising sales taxes on the stuff you buy locally.

On Cyber Monday the sales numbers hit $2 Billion. At a conservative sales tax rate of 5% that equates to $100 Million in lost revenue. The local and states need to make this up somewhere?????

Jack

You're assuming that any new tax revenues would go to the local and state govts instead of the feds just keeping it for themselves (they dont have the willpower, just look at social security trust fund). Also, just as the lack of sales tax on the internet has created an incentive for consumers to buy online versus at a physical store, the US taxing internet sales will create an incentive for consumers to buy on the internet, but in a way to bypass the US internet tax. So the consumer types in www.storename followed by .ca (Canada) or .mx (mexico) instead of .com., and saves 5% or whatever the sales tax rate is. and adds to our trade deficit and causes US businesses to lose revenue. So those businesses fire people and now gov has to raise other taxes more to pay the benefits of the fired people and cover the other lost revenues from that business/employee not being as productive. Taxes have implications beyond their face value.

Keith

 

[dave1949]

Sometimes, it's good to get the concepts correct. There will be taxes collected, that is a given. Fearing that tax revenues will be misused is not a valid reason to suffer a poor tax collection system that is costing all us of money.

Objecting to any given tax method on the basis of how the tax dollars are used is pointless and doesn't solve anything. How taxes are collected and how they are used are two entirely different issues.

 

[Pops15]

Objecting to any given tax method on the basis of how the tax dollars are used is pointless and doesn't solve anything. How taxes are collected and how they are used are two entirely different issues.

But many of the objections would disappear if the government spent our money more wisely.

 

[WayneB]

We do not have a sales tax in New Hampshire nor do we have an income tax. Bottom line if you buy something here for 99 cents you get that darn penny back.
We do have a hotel tax, dinner tax though so if you are from out of state and come here you pay. We greet you with open palms…
There are just too many hands in the candy jar and the more taxes they the government) collect the more they spend, I say no more taxes!

Wayne

 

[dave1949]

But many of the objections would disappear if the government spent our money more wisely.

I agree, but that is not going to fix a poor tax code that is a financial burden in and of itself. It is important to see that there are two issues involved if we are going to be smarter than the average congressperson :laughing:

 

[Rockgod]

The Gov. shouldn't get another dime (internet) until they balance the budget and stop wasting our money. Some of you who avdocate they should get 1,2,5% are killing me...

 

[Natureboy]

I will never understand why they have to have more money? Why can't they spend less, be responsible and eliminate waste?

Eddie

Amen to that. Everytime I turn around some pol has their hand in my pocket.

 

[sdkubota]

I wish someone could tell my why the government is entitled to my money when they offered nothing towards a given sale or delivery. Anymore it is like it is their money and they are gracious enough to allow us to spend some of it.

 

[1GB]

The Gov. shouldn't get another dime (internet) until they balance the budget and stop wasting our money. Some of you who avdocate they should get 1,2,5% are killing me...

Hear hear!

 

[RDrancher]

The Gov. shouldn't get another dime (internet) until they balance the budget and stop wasting our money. Some of you who avdocate they should get 1,2,5% are killing me...

I agree!

Giving the gov money is like handing over your atm card to a crack addict.