Soon to tax?! How do you feel about this? As a consumer who shops on Amazon.com to save money on tax I am not thrilled about it but I can also understand the business side of it for those who want the sales tax.
I can also understand the business side of it for those who want the sales tax.
It's not going to benefit any business that has to start collecting sales tax. It's a State Sales Tax, meaning the state it's paid in gets the money, not the business. It could actually cost some online retailers money, because if people can't save money by shopping online, they might be more inclined to shop at B&M stores.
Which is also probably why Congress is proposing the bill (I haven't really read much about it, they've been trying for years to get something going). So many states are struggling to pay their bills. So many people shopping online avoiding state sales tax. Recipe for disaster, IMO, if it goes on too long.
I pay sales tax when I shop. As long as online has decent prices, and reasonable shipping, I'll still shop online as much as I do now. :)
You aren't paying any extra tax.. just normal sales tax. Currently the only people paying tax for things from Amazon.com are states that have an Amazon.com Warehouse in them (there is 9 states). This will just have Amazon and other major online retailers tax everyone from each state whether they have a warehouse or B&M store in those states to be more fair to B&M stores who are losing sales due to people doing more of their shopping online.